Pettinga Financial Advisors LLC acquired a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 70,986 shares of the company’s stock, valued at approximately $13,261,000. iShares S&P 500 Value ETF makes up about 3.4% of Pettinga Financial Advisors LLC’s portfolio, making the stock its 6th biggest position.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in IVE. Natixis Advisors L.P. lifted its holdings in shares of iShares S&P 500 Value ETF by 7.4% during the 3rd quarter. Natixis Advisors L.P. now owns 19,154 shares of the company’s stock valued at $2,947,000 after buying an additional 1,313 shares during the period. O Shaughnessy Asset Management LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 17.0% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 4,085 shares of the company’s stock valued at $628,000 after buying an additional 593 shares during the period. Trexquant Investment LP lifted its holdings in shares of iShares S&P 500 Value ETF by 52.8% during the 3rd quarter. Trexquant Investment LP now owns 2,535 shares of the company’s stock valued at $390,000 after buying an additional 876 shares during the period. Ancora Advisors LLC increased its stake in shares of iShares S&P 500 Value ETF by 19.3% in the 3rd quarter. Ancora Advisors LLC now owns 4,067 shares of the company’s stock worth $626,000 after purchasing an additional 658 shares in the last quarter. Finally, United Services Automobile Association purchased a new stake in shares of iShares S&P 500 Value ETF in the 3rd quarter worth $2,164,000.
iShares S&P 500 Value ETF Price Performance
NYSEARCA:IVE opened at $182.01 on Monday. The firm has a market capitalization of $32.61 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a one year low of $147.23 and a one year high of $187.24. The business has a fifty day moving average price of $182.48 and a 200-day moving average price of $179.37.
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.
Further Reading
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