Berkshire Money Management Inc. Has $39.42 Million Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Berkshire Money Management Inc. increased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.9% during the fourth quarter, HoldingsChannel reports. The firm owned 206,526 shares of the company’s stock after buying an additional 1,929 shares during the period. iShares S&P 500 Value ETF comprises 4.3% of Berkshire Money Management Inc.’s portfolio, making the stock its 10th biggest holding. Berkshire Money Management Inc.’s holdings in iShares S&P 500 Value ETF were worth $39,422,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. International Assets Investment Management LLC lifted its stake in iShares S&P 500 Value ETF by 18,046.1% during the 3rd quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock valued at $262,938,000 after acquiring an additional 1,326,211 shares during the period. USA Financial Formulas bought a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter worth approximately $77,191,000. PNC Financial Services Group Inc. raised its holdings in shares of iShares S&P 500 Value ETF by 7.6% during the third quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock valued at $389,537,000 after purchasing an additional 139,651 shares during the last quarter. Kovitz Investment Group Partners LLC lifted its position in iShares S&P 500 Value ETF by 28.7% during the third quarter. Kovitz Investment Group Partners LLC now owns 613,456 shares of the company’s stock valued at $120,955,000 after purchasing an additional 136,769 shares during the period. Finally, World Investment Advisors LLC boosted its holdings in iShares S&P 500 Value ETF by 1,511.5% in the third quarter. World Investment Advisors LLC now owns 112,303 shares of the company’s stock worth $22,220,000 after purchasing an additional 105,334 shares during the last quarter.

iShares S&P 500 Value ETF Trading Up 0.3 %

NYSEARCA:IVE opened at $195.75 on Wednesday. The company has a market cap of $35.07 billion, a PE ratio of 23.79 and a beta of 0.81. The company has a 50 day simple moving average of $195.80 and a two-hundred day simple moving average of $195.02. iShares S&P 500 Value ETF has a 12 month low of $173.01 and a 12 month high of $206.63.

iShares S&P 500 Value ETF 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.