Soltis Investment Advisors LLC increased its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 11.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 41,801 shares of the company’s stock after purchasing an additional 4,440 shares during the quarter. Soltis Investment Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $9,542,000 at the end of the most recent quarter.
Other institutional investors have also bought and sold shares of the company. Calamos Advisors LLC increased its position in iShares S&P 500 Value ETF by 2,585.9% in the first quarter. Calamos Advisors LLC now owns 619,118 shares of the company’s stock worth $130,727,000 after buying an additional 596,067 shares during the last quarter. The Manufacturers Life Insurance Company purchased a new position in shares of iShares S&P 500 Value ETF during the 1st quarter valued at $92,702,000. Fifth Third Bancorp lifted its position in shares of iShares S&P 500 Value ETF by 132.9% during the 1st quarter. Fifth Third Bancorp now owns 557,426 shares of the company’s stock valued at $117,700,000 after buying an additional 318,135 shares during the last quarter. Bank of America Corp DE lifted its position in shares of iShares S&P 500 Value ETF by 2.0% during the 1st quarter. Bank of America Corp DE now owns 9,457,775 shares of the company’s stock valued at $1,997,009,000 after buying an additional 182,358 shares during the last quarter. Finally, Gallagher Capital Advisors LLC lifted its position in shares of iShares S&P 500 Value ETF by 3,223.2% during the 1st quarter. Gallagher Capital Advisors LLC now owns 158,615 shares of the company’s stock valued at $33,492,000 after buying an additional 153,842 shares during the last quarter.
iShares S&P 500 Value ETF Stock Performance
IVE stock opened at $241.36 on Friday. The company has a market capitalization of $51.10 billion, a price-to-earnings ratio of 20.70 and a beta of 0.83. iShares S&P 500 Value ETF has a fifty-two week low of $203.15 and a fifty-two week high of $241.38. The stock has a fifty day moving average of $234.67 and a 200-day moving average of $226.02.
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.
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