iShares S&P 500 Value ETF $IVE Shares Purchased by PAX Financial Group LLC

PAX Financial Group LLC increased its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.3% in the first quarter, HoldingsChannel reports. The firm owned 144,883 shares of the company’s stock after purchasing an additional 4,640 shares during the period. iShares S&P 500 Value ETF makes up approximately 5.2% of PAX Financial Group LLC’s investment portfolio, making the stock its 2nd biggest holding. PAX Financial Group LLC’s holdings in iShares S&P 500 Value ETF were worth $30,592,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in IVE. Brighton Jones LLC boosted its position in 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 valued at $2,679,000 after buying an additional 112 shares in the last quarter. Great Lakes Advisors LLC increased its holdings in shares of iShares S&P 500 Value ETF by 6,385.7% during the first quarter. Great Lakes Advisors LLC now owns 454 shares of the company’s stock worth $83,000 after buying an additional 447 shares in the last quarter. Schnieders Capital Management LLC. acquired a new stake in shares of iShares S&P 500 Value ETF during the second quarter worth approximately $550,000. Russell Investments Group Ltd. raised 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 valued at $416,000 after acquiring an additional 477 shares during the last quarter. Finally, First Trust Advisors LP raised 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 valued at $5,184,000 after acquiring an additional 731 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE opened at $230.20 on Friday. The company has a market capitalization of $48.32 billion, a P/E ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a one year low of $193.90 and a one year high of $230.26. The business’s 50 day simple moving average is $225.92 and its 200-day simple moving average is $219.46.

About iShares S&P 500 Value ETF

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.