Mercer Global Advisors Inc. ADV Purchases 4,273 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Mercer Global Advisors Inc. ADV grew its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.8% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 94,148 shares of the company’s stock after acquiring an additional 4,273 shares during the quarter. Mercer Global Advisors Inc. ADV owned 0.05% of iShares S&P 500 Value ETF worth $17,136,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Palisade Asset Management LLC bought a new position in shares of iShares S&P 500 Value ETF in the 1st quarter valued at about $26,000. Vima LLC bought a new position in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $27,000. CarsonAllaria Wealth Management Ltd. increased its position in shares of iShares S&P 500 Value ETF by 289.5% during the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock worth $28,000 after purchasing an additional 110 shares during the last quarter. Northwest Investment Counselors LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter worth approximately $29,000. Finally, Fortis Group Advisors LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 100.0% in the 4th quarter. Fortis Group Advisors LLC now owns 200 shares of the company’s stock valued at $35,000 after buying an additional 100 shares during the last quarter.

iShares S&P 500 Value ETF Trading Down 0.3 %

NYSEARCA:IVE opened at $195.16 on Thursday. The firm has a fifty day simple moving average of $190.19 and a 200 day simple moving average of $185.08. iShares S&P 500 Value ETF has a 1-year low of $147.23 and a 1-year high of $197.39. The stock has a market capitalization of $34.96 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.