Gemmer Asset Management LLC Acquires 937 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Gemmer Asset Management LLC raised its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 10.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,306 shares of the company’s stock after acquiring an additional 937 shares during the quarter. Gemmer Asset Management LLC’s holdings in iShares S&P 500 Value ETF were worth $1,967,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Thurston Springer Miller Herd & Titak Inc. increased its position in iShares S&P 500 Value ETF by 100.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock worth $29,000 after purchasing an additional 76 shares in the last quarter. Northwest Investment Counselors LLC bought a new stake in shares of iShares S&P 500 Value ETF during the third quarter worth $31,000. Valued Wealth Advisors LLC acquired a new position in shares of iShares S&P 500 Value ETF during the third quarter worth $35,000. Perkins Coie Trust Co bought a new position in shares of iShares S&P 500 Value ETF in the 4th quarter valued at $35,000. Finally, Copley Financial Group Inc. bought a new stake in iShares S&P 500 Value ETF during the 3rd quarter worth $36,000.

iShares S&P 500 Value ETF Trading Up 0.7 %

iShares S&P 500 Value ETF stock opened at $194.09 on Monday. The stock has a 50-day moving average price of $196.93 and a two-hundred day moving average price of $194.15. iShares S&P 500 Value ETF has a 12 month low of $170.13 and a 12 month high of $206.63. The company has a market capitalization of $34.77 billion, a PE 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.