Ieq Capital LLC Raises Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Ieq Capital LLC increased its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.9% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 51,419 shares of the company’s stock after purchasing an additional 435 shares during the quarter. Ieq Capital LLC’s holdings in iShares S&P 500 Value ETF were worth $9,359,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Vanguard Personalized Indexing Management LLC acquired a new position in iShares S&P 500 Value ETF during the fourth quarter worth about $442,000. TrinityPoint Wealth LLC raised its holdings in shares of iShares S&P 500 Value ETF by 40.4% in the fourth quarter. TrinityPoint Wealth LLC now owns 1,878 shares of the company’s stock worth $327,000 after acquiring an additional 540 shares during the last quarter. Balentine LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at $46,000. D.A. Davidson & CO. lifted its position in shares of iShares S&P 500 Value ETF by 0.6% in the fourth quarter. D.A. Davidson & CO. now owns 18,017 shares of the company’s stock valued at $3,133,000 after acquiring an additional 110 shares in the last quarter. Finally, Franklin Resources Inc. boosted its stake in shares of iShares S&P 500 Value ETF by 17.2% during the fourth quarter. Franklin Resources Inc. now owns 34,672 shares of the company’s stock valued at $6,029,000 after acquiring an additional 5,094 shares during the last quarter.

iShares S&P 500 Value ETF Trading Up 0.7 %

Shares of IVE stock opened at $196.65 on Friday. iShares S&P 500 Value ETF has a twelve month low of $147.23 and a twelve month high of $197.39. The company has a market capitalization of $35.23 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The firm has a 50-day moving average price of $190.43 and a 200 day moving average price of $185.16.

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.