iShares S&P 500 Value ETF $IVE Shares Acquired by Parallel Advisors LLC

Parallel Advisors LLC lifted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.8% in the third quarter, HoldingsChannel.com reports. The firm owned 67,222 shares of the company’s stock after purchasing an additional 3,099 shares during the quarter. Parallel Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $15,346,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the stock. Asset Dedication LLC raised its position in shares of iShares S&P 500 Value ETF by 6.7% during the third quarter. Asset Dedication LLC now owns 19,172 shares of the company’s stock worth $4,377,000 after acquiring an additional 1,199 shares during the last quarter. Plancorp LLC lifted its stake in shares of iShares S&P 500 Value ETF by 116.1% during the third quarter. Plancorp LLC now owns 151,218 shares of the company’s stock valued at $36,221,000 after acquiring an additional 81,255 shares during the period. May Hill Capital LLC boosted its holdings in iShares S&P 500 Value ETF by 6.6% in the third quarter. May Hill Capital LLC now owns 50,620 shares of the company’s stock valued at $11,556,000 after acquiring an additional 3,156 shares during the last quarter. Carmel Capital Partners LLC boosted its holdings in iShares S&P 500 Value ETF by 43.6% in the third quarter. Carmel Capital Partners LLC now owns 44,153 shares of the company’s stock valued at $10,079,000 after acquiring an additional 13,406 shares during the last quarter. Finally, Asset One Wealth Management LLC increased its position in iShares S&P 500 Value ETF by 2,783.0% in the third quarter. Asset One Wealth Management LLC now owns 25,543 shares of the company’s stock worth $5,831,000 after purchasing an additional 24,657 shares during the period.

iShares S&P 500 Value ETF Stock Down 0.4%

IVE stock traded down $0.95 during midday trading on Friday, reaching $235.53. The stock had a trading volume of 895,428 shares, compared to its average volume of 935,028. The firm has a market cap of $50.06 billion, a price-to-earnings ratio of 22.47 and a beta of 0.82. iShares S&P 500 Value ETF has a twelve month low of $203.15 and a twelve month high of $244.72. The business has a fifty day simple moving average of $234.86 and a two-hundred day simple moving average of $226.68.

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.