Moors & Cabot Inc. Increases Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Moors & Cabot Inc. raised its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 8.2% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,075 shares of the company’s stock after purchasing an additional 157 shares during the period. Moors & Cabot Inc.’s holdings in iShares S&P 500 Value ETF were worth $378,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. WealthPLAN Partners LLC lifted its stake in iShares S&P 500 Value ETF by 3.3% in the second quarter. WealthPLAN Partners LLC now owns 89,063 shares of the company’s stock worth $16,210,000 after purchasing an additional 2,833 shares during the last quarter. SigFig Wealth Management LLC grew its holdings in shares of iShares S&P 500 Value ETF by 3.9% in the second quarter. SigFig Wealth Management LLC now owns 22,705 shares of the company’s stock worth $4,133,000 after purchasing an additional 862 shares during the last quarter. One Capital Management LLC increased its stake in shares of iShares S&P 500 Value ETF by 30.4% in the second quarter. One Capital Management LLC now owns 1,926 shares of the company’s stock worth $351,000 after buying an additional 449 shares during the period. Mesirow Financial Investment Management Inc. increased its position in shares of iShares S&P 500 Value ETF by 0.5% in the second quarter. Mesirow Financial Investment Management Inc. now owns 99,305 shares of the company’s stock valued at $18,075,000 after acquiring an additional 508 shares during the period. Finally, Brown Brothers Harriman & Co. boosted its holdings in shares of iShares S&P 500 Value ETF by 6.7% during the second quarter. Brown Brothers Harriman & Co. now owns 10,183 shares of the company’s stock worth $1,853,000 after purchasing an additional 640 shares during the period.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA:IVE opened at $196.26 on Friday. iShares S&P 500 Value ETF has a 1 year low of $147.23 and a 1 year high of $197.39. The company has a market cap of $35.16 billion, a PE ratio of 23.79 and a beta of 0.81. The stock’s 50-day moving average is $190.63 and its 200 day moving average is $185.27.

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.