Strategic Point Investment Advisors LLC boosted its position in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 2.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 249,869 shares of the company’s stock after buying an additional 4,842 shares during the quarter. iShares S&P 500 Value ETF accounts for approximately 7.4% of Strategic Point Investment Advisors LLC’s holdings, making the stock its 5th biggest holding. Strategic Point Investment Advisors LLC owned about 0.12% of iShares S&P 500 Value ETF worth $56,735,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IVE. Kwmg LLC grew its stake in shares of iShares S&P 500 Value ETF by 6.9% during the second quarter. Kwmg LLC now owns 132,262 shares of the company’s stock valued at $30,031,000 after acquiring an additional 8,489 shares in the last quarter. Whitcomb & Hess Inc. lifted its stake in shares of iShares S&P 500 Value ETF by 1.6% in the second quarter. Whitcomb & Hess Inc. now owns 7,188 shares of the company’s stock worth $1,632,000 after acquiring an additional 114 shares in the last quarter. 55 North Private Wealth LLC acquired a new position in shares of iShares S&P 500 Value ETF in the second quarter worth about $200,000. Clark Asset Management LLC boosted its holdings in iShares S&P 500 Value ETF by 7.3% in the second quarter. Clark Asset Management LLC now owns 1,380 shares of the company’s stock valued at $313,000 after purchasing an additional 94 shares during the last quarter. Finally, Evanson Financial LLC purchased a new position in iShares S&P 500 Value ETF in the second quarter valued at about $1,091,000.
iShares S&P 500 Value ETF Stock Up 0.5%
Shares of NYSEARCA IVE opened at $235.78 on Friday. iShares S&P 500 Value ETF has a fifty-two week low of $197.66 and a fifty-two week high of $236.39. The business has a 50 day moving average price of $229.51 and a two-hundred day moving average price of $222.52. The firm has a market cap of $49.83 billion, a PE ratio of 20.70 and a beta of 0.82.
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.
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