iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Acquired by JB Capital LLC

JB Capital LLC lifted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.9% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 303,287 shares of the company’s stock after purchasing an additional 22,265 shares during the quarter. iShares S&P 500 Value ETF accounts for 3.5% of JB Capital LLC’s portfolio, making the stock its 7th largest position. JB Capital LLC’s holdings in iShares S&P 500 Value ETF were worth $55,201,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. LVZ Inc. lifted its holdings in iShares S&P 500 Value ETF by 1.2% during the 2nd quarter. LVZ Inc. now owns 434,818 shares of the company’s stock worth $79,141,000 after buying an additional 5,207 shares in the last quarter. My Legacy Advisors LLC acquired a new position in iShares S&P 500 Value ETF during the 2nd quarter worth $3,345,000. &PARTNERS increased its holdings in iShares S&P 500 Value ETF by 1,654.7% during the 2nd quarter. &PARTNERS now owns 31,847 shares of the company’s stock worth $5,800,000 after purchasing an additional 30,032 shares during the period. Cultivar Capital Inc. acquired a new stake in iShares S&P 500 Value ETF in the 2nd quarter valued at about $109,000. Finally, HTLF Bank purchased a new position in shares of iShares S&P 500 Value ETF in the 2nd quarter valued at about $315,000.

iShares S&P 500 Value ETF Price Performance

Shares of iShares S&P 500 Value ETF stock traded up $1.75 on Friday, reaching $193.32. 214,800 shares of the company were exchanged, compared to its average volume of 734,015. The stock’s 50 day moving average price is $185.60 and its 200-day moving average price is $182.80. iShares S&P 500 Value ETF has a 1-year low of $147.23 and a 1-year high of $193.52. The company has a market cap of $34.63 billion, a P/E ratio of 23.79 and a beta of 0.81.

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.