Private Advisor Group LLC Has $20.31 Million Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Private Advisor Group LLC raised its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 116,819 shares of the company’s stock after buying an additional 1,649 shares during the period. Private Advisor Group LLC’s holdings in iShares S&P 500 Value ETF were worth $20,314,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in IVE. Bank of New York Mellon Corp grew its position in iShares S&P 500 Value ETF by 4.1% in the third quarter. Bank of New York Mellon Corp now owns 61,311 shares of the company’s stock valued at $9,432,000 after acquiring an additional 2,420 shares during the period. First Merchants Corp lifted its holdings in shares of iShares S&P 500 Value ETF by 0.9% during the 3rd quarter. First Merchants Corp now owns 89,478 shares of the company’s stock valued at $13,765,000 after purchasing an additional 795 shares in the last quarter. Park Avenue Securities LLC raised its stake in shares of iShares S&P 500 Value ETF by 2.5% in the 3rd quarter. Park Avenue Securities LLC now owns 63,799 shares of the company’s stock valued at $9,815,000 after purchasing an additional 1,555 shares during the period. CENTRAL TRUST Co grew its stake in shares of iShares S&P 500 Value ETF by 5.1% during the 3rd quarter. CENTRAL TRUST Co now owns 4,461 shares of the company’s stock worth $686,000 after acquiring an additional 218 shares in the last quarter. Finally, Detalus Advisors LLC acquired a new stake in iShares S&P 500 Value ETF in the third quarter valued at $5,942,000.

iShares S&P 500 Value ETF Price Performance

NYSEARCA IVE traded up $1.08 during trading on Monday, reaching $181.40. 589,948 shares of the company’s stock were exchanged, compared to its average volume of 944,991. The business has a 50 day moving average price of $181.58 and a 200-day moving average price of $173.00. The stock has a market capitalization of $32.50 billion, a P/E ratio of 23.38 and a beta of 0.84. iShares S&P 500 Value ETF has a fifty-two week low of $147.23 and a fifty-two week high of $187.24.

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.