iShares S&P 500 Value ETF $IVE Shares Bought by Forte Asset Management LLC

Forte Asset Management LLC grew its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 20.4% during the third quarter, Holdings Channel reports. The firm owned 29,455 shares of the company’s stock after acquiring an additional 4,993 shares during the period. iShares S&P 500 Value ETF makes up approximately 2.9% of Forte Asset Management LLC’s portfolio, making the stock its 14th largest position. Forte Asset Management LLC’s holdings in iShares S&P 500 Value ETF were worth $6,083,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of IVE. FLP Wealth Management LLC grew its holdings in iShares S&P 500 Value ETF by 628.5% in the 3rd quarter. FLP Wealth Management LLC now owns 16,727 shares of the company’s stock valued at $3,454,000 after buying an additional 14,431 shares in the last quarter. Great Point Wealth Advisors LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the third quarter valued at about $2,478,000. Curbstone Financial Management Corp acquired a new stake in iShares S&P 500 Value ETF during the third quarter worth about $564,000. Detalus Advisors LLC raised its stake in iShares S&P 500 Value ETF by 3.6% during the third quarter. Detalus Advisors LLC now owns 84,033 shares of the company’s stock worth $17,354,000 after purchasing an additional 2,909 shares during the period. Finally, American Trust acquired a new position in iShares S&P 500 Value ETF in the 2nd quarter valued at about $806,000.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA IVE opened at $216.35 on Friday. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year high of $218.44. The company has a market capitalization of $48.91 billion, a P/E ratio of 20.70 and a beta of 0.89. The company has a 50 day simple moving average of $212.82 and a 200-day simple moving average of $206.78.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.