MidAtlantic Capital Management Inc. Purchases New Shares in iShares S&P 500 Value ETF (NYSEARCA:IVE)

MidAtlantic Capital Management Inc. acquired a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 5,008 shares of the company’s stock, valued at approximately $987,000.

Several other hedge funds also recently added to or reduced their stakes in IVE. International Assets Investment Management LLC grew its holdings 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 worth $262,938,000 after acquiring an additional 1,326,211 shares in the last quarter. Cetera Investment Advisers grew its holdings in iShares S&P 500 Value ETF by 905.6% during the 1st quarter. Cetera Investment Advisers now owns 1,410,516 shares of the company’s stock worth $263,498,000 after acquiring an additional 1,270,256 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in iShares S&P 500 Value ETF during the 2nd quarter worth $82,555,000. Envestnet Asset Management Inc. grew its holdings in iShares S&P 500 Value ETF by 3.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,380,397 shares of the company’s stock worth $2,253,356,000 after acquiring an additional 420,007 shares in the last quarter. Finally, Liberty Wealth Management LLC grew its holdings in iShares S&P 500 Value ETF by 618.4% during the 2nd quarter. Liberty Wealth Management LLC now owns 411,954 shares of the company’s stock worth $74,980,000 after acquiring an additional 354,613 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE stock opened at $199.51 on Monday. The firm has a market cap of $35.74 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 1-year low of $161.43 and a 1-year high of $203.67. The firm has a fifty day moving average of $197.20 and a two-hundred day moving average of $189.82.

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.