Grandfield & Dodd LLC Makes New Investment in iShares S&P 500 Value ETF $IVE

Grandfield & Dodd LLC acquired a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 1,848 shares of the company’s stock, valued at approximately $361,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IVE. Mowery & Schoenfeld Wealth Management LLC bought a new stake in iShares S&P 500 Value ETF during the first quarter worth about $29,000. Harbor Asset Planning Inc. bought a new stake in iShares S&P 500 Value ETF in the 2nd quarter worth approximately $30,000. Nemes Rush Group LLC lifted its position 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 worth $33,000 after buying an additional 150 shares during the last quarter. Flaharty Asset Management LLC purchased a new stake in iShares S&P 500 Value ETF in the first quarter worth approximately $33,000. Finally, Ryan Investment Management Inc. bought a new position in iShares S&P 500 Value ETF during the second quarter valued at approximately $36,000.

iShares S&P 500 Value ETF Stock Performance

IVE stock opened at $209.61 on Friday. The company has a market capitalization of $42.75 billion, a PE ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a one year low of $165.45 and a one year high of $212.54. The company’s 50 day moving average price is $206.79 and its two-hundred day moving average price is $198.93.

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.