iShares S&P 500 Value ETF $IVE Shares Acquired by United Advisor Group LLC

United Advisor Group LLC boosted its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.3% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,379 shares of the company’s stock after purchasing an additional 298 shares during the period. United Advisor Group LLC’s holdings in iShares S&P 500 Value ETF were worth $1,833,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Harbor Asset Planning Inc. purchased a new position in shares of iShares S&P 500 Value ETF in the second quarter valued at $30,000. Nemes Rush Group LLC grew its stake in iShares S&P 500 Value ETF by 625.0% in the 1st quarter. Nemes Rush Group LLC now owns 174 shares of the company’s stock valued at $33,000 after acquiring an additional 150 shares during the last quarter. Flaharty Asset Management LLC acquired a new stake in iShares S&P 500 Value ETF in the 1st quarter valued at about $33,000. Ryan Investment Management Inc. purchased a new position in iShares S&P 500 Value ETF during the 2nd quarter valued at about $36,000. Finally, Atwood & Palmer Inc. acquired a new position in iShares S&P 500 Value ETF during the second quarter worth about $38,000.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA IVE opened at $207.38 on Tuesday. The firm’s 50-day moving average is $206.88 and its two-hundred day moving average is $199.31. The company has a market capitalization of $42.30 billion, a PE ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a 12-month low of $165.45 and a 12-month high of $212.54.

iShares S&P 500 Value ETF Company Profile

iShares S&P 500 Value ETF (the Fund), formerly iShares S&P 500 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500 Value Index (the Index). The Index measures the performance of the large-capitalization value sector of the United States equity market and consists of those stocks in the S&P 500 exhibiting the strongest value characteristics.