iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Acquired by Bridges Investment Management Inc.

Bridges Investment Management Inc. grew its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 202.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,128 shares of the company’s stock after purchasing an additional 12,127 shares during the period. Bridges Investment Management Inc.’s holdings in iShares S&P 500 Value ETF were worth $3,299,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Palisade Asset Management LLC purchased a new position in iShares S&P 500 Value ETF during the 1st quarter worth approximately $26,000. Vima LLC purchased a new position in shares of iShares S&P 500 Value ETF during the fourth quarter valued at $27,000. CarsonAllaria Wealth Management Ltd. grew its holdings in shares of iShares S&P 500 Value ETF by 289.5% during the first quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock valued at $28,000 after buying an additional 110 shares in the last quarter. Northwest Investment Counselors LLC acquired a new position in iShares S&P 500 Value ETF during the first quarter valued at $29,000. Finally, Fortis Group Advisors LLC lifted its stake in 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 worth $35,000 after acquiring an additional 100 shares in the last quarter.

iShares S&P 500 Value ETF Trading Down 0.2 %

Shares of NYSEARCA IVE opened at $196.26 on Friday. The firm has a market capitalization of $35.16 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a one year low of $147.23 and a one year high of $197.39. The business has a 50-day moving average price of $190.63 and a two-hundred day moving average price of $185.27.

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.