Bush Investment Group LLC Has $2.50 Million Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Bush Investment Group LLC grew its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 35.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,104 shares of the company’s stock after acquiring an additional 3,449 shares during the period. iShares S&P 500 Value ETF accounts for approximately 1.9% of Bush Investment Group LLC’s holdings, making the stock its 13th largest position. Bush Investment Group LLC’s holdings in iShares S&P 500 Value ETF were worth $2,497,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of IVE. Pinney & Scofield Inc. bought a new stake in iShares S&P 500 Value ETF during the fourth quarter worth about $26,000. Cloud Capital Management LLC bought a new stake in shares of iShares S&P 500 Value ETF in the 1st quarter valued at about $27,000. IMG Wealth Management Inc. bought a new stake in shares of iShares S&P 500 Value ETF in the 1st quarter valued at about $34,000. SJS Investment Consulting Inc. bought a new stake in shares of iShares S&P 500 Value ETF in the 1st quarter valued at about $37,000. Finally, Fourth Dimension Wealth LLC bought a new position in iShares S&P 500 Value ETF in the 1st quarter valued at about $38,000.

iShares S&P 500 Value ETF Stock Up 0.6%

iShares S&P 500 Value ETF stock opened at $198.67 on Friday. The stock has a market cap of $39.78 billion, a P/E ratio of 20.88 and a beta of 0.94. iShares S&P 500 Value ETF has a twelve month low of $165.45 and a twelve month high of $206.63. The company’s 50-day moving average price is $189.92 and its two-hundred day moving average price is $189.97.

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.