iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Bought by Asset Management Group Inc.

Asset Management Group Inc. grew its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.4% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 53,231 shares of the company’s stock after buying an additional 235 shares during the period. iShares S&P 500 Value ETF accounts for approximately 1.8% of Asset Management Group Inc.’s holdings, making the stock its 20th biggest holding. Asset Management Group Inc.’s holdings in iShares S&P 500 Value ETF were worth $9,689,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Palisade Asset Management LLC acquired a new stake in iShares S&P 500 Value ETF during the first quarter worth about $26,000. CarsonAllaria Wealth Management Ltd. increased its position in 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 in the last quarter. Vima LLC purchased a new position in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $27,000. Northwest Investment Counselors LLC purchased a new stake in iShares S&P 500 Value ETF during the first quarter worth approximately $29,000. Finally, Fortis Group Advisors LLC raised its stake 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 acquiring an additional 100 shares during the period.

iShares S&P 500 Value ETF Trading Down 0.2 %

Shares of NYSEARCA IVE opened at $196.26 on Friday. The stock has a fifty day moving average price of $190.63 and a 200 day moving average price of $185.27. The company has a market cap of $35.16 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 12-month low of $147.23 and a 12-month high of $197.39.

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.