iShares S&P 500 Value ETF $IVE Stake Boosted by NorthLanding Financial Partners LLC

NorthLanding Financial Partners LLC boosted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 29.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 11,716 shares of the company’s stock after buying an additional 2,643 shares during the period. iShares S&P 500 Value ETF comprises 2.2% of NorthLanding Financial Partners LLC’s investment portfolio, making the stock its 9th largest holding. NorthLanding Financial Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $2,660,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Simplex Trading LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter valued at approximately $25,000. Hilton Head Capital Partners LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter valued at approximately $25,000. United Services Automobile Association acquired a new position in iShares S&P 500 Value ETF in the 2nd quarter worth approximately $26,000. RMG Wealth Management LLC acquired a new position in iShares S&P 500 Value ETF in the 1st quarter worth approximately $27,000. Finally, Palisade Asset Management LLC purchased a new position in iShares S&P 500 Value ETF during the 3rd quarter worth approximately $29,000.

iShares S&P 500 Value ETF Stock Down 0.3%

Shares of NYSEARCA:IVE opened at $236.53 on Tuesday. The company’s fifty day moving average is $232.73 and its two-hundred day moving average is $224.69. iShares S&P 500 Value ETF has a 12-month low of $201.22 and a 12-month high of $239.93. The company has a market cap of $49.99 billion, a P/E ratio of 20.70 and a beta of 0.82.

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. 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.