iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Bought by Eq LLC

Eq LLC lifted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 69.4% during the fourth quarter, Holdings Channel reports. The fund owned 64,837 shares of the company’s stock after acquiring an additional 26,554 shares during the quarter. iShares S&P 500 Value ETF accounts for 5.8% of Eq LLC’s holdings, making the stock its 5th largest position. Eq LLC’s holdings in iShares S&P 500 Value ETF were worth $12,376,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IVE. USA Financial Formulas acquired a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at about $77,191,000. PNC Financial Services Group Inc. boosted its stake in iShares S&P 500 Value ETF by 7.6% during the 3rd 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 period. Kovitz Investment Group Partners LLC boosted its stake in iShares S&P 500 Value ETF by 28.7% during the 3rd 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. World Investment Advisors LLC grew its holdings in iShares S&P 500 Value ETF by 1,511.5% in the 3rd quarter. World Investment Advisors LLC now owns 112,303 shares of the company’s stock valued at $22,220,000 after buying an additional 105,334 shares during the last quarter. Finally, Serenus Wealth Advisors LLC bought a new position in iShares S&P 500 Value ETF in the 4th quarter worth approximately $17,882,000.

iShares S&P 500 Value ETF Trading Up 0.1 %

IVE opened at $196.89 on Wednesday. The business has a 50 day moving average of $194.17 and a 200-day moving average of $196.10. The stock has a market capitalization of $35.91 billion, a price-to-earnings ratio of 22.47 and a beta of 0.95. iShares S&P 500 Value ETF has a 1-year low of $176.09 and a 1-year high of $206.63.

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.