2,861 iShares S&P 500 Value ETF $IVE Shares Acquired by Eagle Bay Advisors LLC

Eagle Bay Advisors LLC increased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 80.7% during the third quarter, Holdings Channel reports. The fund owned 6,406 shares of the company’s stock after purchasing an additional 2,861 shares during the period. iShares S&P 500 Value ETF makes up about 1.1% of Eagle Bay Advisors LLC’s portfolio, making the stock its 25th biggest position. Eagle Bay Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $1,462,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. RMG Wealth Management LLC acquired a new stake in iShares S&P 500 Value ETF during the 1st quarter valued at $27,000. Sankala Group LLC acquired a new position in iShares S&P 500 Value ETF in the fourth quarter worth $35,000. Indiana Trust & Investment Management Co boosted its stake in iShares S&P 500 Value ETF by 107.6% in the first quarter. Indiana Trust & Investment Management Co now owns 191 shares of the company’s stock worth $40,000 after purchasing an additional 99 shares in the last quarter. First Bancorp Inc ME acquired a new position in iShares S&P 500 Value ETF in the second quarter worth $45,000. Finally, Pension & Wealth Management Advisors Inc. boosted its stake in iShares S&P 500 Value ETF by 41.8% in the third quarter. Pension & Wealth Management Advisors Inc. now owns 251 shares of the company’s stock worth $57,000 after purchasing an additional 74 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE stock traded down $0.20 during trading hours on Friday, hitting $235.46. 1,226,593 shares of the company’s stock were exchanged, compared to its average volume of 938,201. The stock’s 50-day moving average is $234.41 and its 200-day moving average is $228.61. The stock has a market cap of $49.82 billion, a price-to-earnings ratio of 20.70 and a beta of 0.83. iShares S&P 500 Value ETF has a 52 week low of $203.15 and a 52 week high of $239.93.

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. 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.