MGO One Seven LLC Acquires 85,098 Shares of iShares S&P 500 Value ETF $IVE

MGO One Seven LLC boosted its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 330.6% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 110,836 shares of the company’s stock after buying an additional 85,098 shares during the period. iShares S&P 500 Value ETF makes up about 0.5% of MGO One Seven LLC’s holdings, making the stock its 29th largest holding. MGO One Seven LLC owned 0.05% of iShares S&P 500 Value ETF worth $22,889,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. United Services Automobile Association bought a new stake in shares of iShares S&P 500 Value ETF in the 2nd quarter valued at about $26,000. Harbor Asset Planning Inc. purchased a new stake in shares of iShares S&P 500 Value ETF in the second quarter worth $30,000. Ryan Investment Management Inc. purchased a new position in iShares S&P 500 Value ETF in the 2nd quarter worth approximately $36,000. Tripletail Wealth Management LLC purchased a new position in iShares S&P 500 Value ETF in the 3rd quarter worth about $37,000. Finally, Atwood & Palmer Inc. purchased a new position in shares of iShares S&P 500 Value ETF in the 2nd quarter worth $38,000.

iShares S&P 500 Value ETF Trading Up 0.6%

Shares of NYSEARCA IVE opened at $217.40 on Monday. The firm has a 50 day moving average of $211.31 and a 200 day moving average of $205.50. iShares S&P 500 Value ETF has a 12-month low of $165.45 and a 12-month high of $217.69. The firm has a market capitalization of $49.21 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89.

iShares S&P 500 Value ETF 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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.