iShares S&P 500 Value ETF $IVE Shares Bought by Davis Selected Advisers

Davis Selected Advisers raised its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1,821.0% during the 4th quarter, Holdings Channel reports. The firm owned 127,053 shares of the company’s stock after buying an additional 120,439 shares during the quarter. Davis Selected Advisers’ holdings in iShares S&P 500 Value ETF were worth $26,944,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Brighton Jones LLC boosted its stake in shares of iShares S&P 500 Value ETF by 0.8% in the fourth quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock worth $2,679,000 after acquiring an additional 112 shares during the last quarter. Great Lakes Advisors LLC boosted its stake in shares of iShares S&P 500 Value ETF by 6,385.7% in the first quarter. Great Lakes Advisors LLC now owns 454 shares of the company’s stock worth $83,000 after acquiring an additional 447 shares during the last quarter. Schnieders Capital Management LLC. acquired a new stake in shares of iShares S&P 500 Value ETF in the second quarter worth approximately $550,000. Russell Investments Group Ltd. boosted its stake in shares of iShares S&P 500 Value ETF by 28.8% in the second quarter. Russell Investments Group Ltd. now owns 2,131 shares of the company’s stock worth $416,000 after acquiring an additional 477 shares during the last quarter. Finally, First Trust Advisors LP boosted its stake in shares of iShares S&P 500 Value ETF by 2.8% in the second quarter. First Trust Advisors LP now owns 26,527 shares of the company’s stock worth $5,184,000 after acquiring an additional 731 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA:IVE opened at $223.51 on Friday. The business’s 50 day moving average price is $216.09 and its 200-day moving average price is $214.08. The firm has a market capitalization of $49.35 billion, a PE ratio of 20.70 and a beta of 0.83. iShares S&P 500 Value ETF has a 1 year low of $183.05 and a 1 year high of $225.26.

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. 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.