Fund Evaluation Group LLC Invests $4.17 Million in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Fund Evaluation Group LLC acquired a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 21,896 shares of the company’s stock, valued at approximately $4,173,000.

Other large investors also recently added to or reduced their stakes in the company. Astoria Strategic Wealth Inc. boosted its stake in shares of iShares S&P 500 Value ETF by 3.5% during the 1st quarter. Astoria Strategic Wealth Inc. now owns 67,890 shares of the company’s stock worth $12,938,000 after acquiring an additional 2,316 shares during the last quarter. Bush Investment Group LLC increased its stake in shares of iShares S&P 500 Value ETF by 35.7% in the 1st quarter. Bush Investment Group LLC now owns 13,104 shares of the company’s stock worth $2,497,000 after purchasing an additional 3,449 shares in the last quarter. Cloud Capital Management LLC bought a new position in iShares S&P 500 Value ETF in the 1st quarter worth $27,000. Forte Asset Management LLC lifted its position in iShares S&P 500 Value ETF by 15.9% during the first quarter. Forte Asset Management LLC now owns 56,506 shares of the company’s stock valued at $10,769,000 after purchasing an additional 7,770 shares in the last quarter. Finally, Sutton Place Investors LLC lifted its position in iShares S&P 500 Value ETF by 42.2% during the first quarter. Sutton Place Investors LLC now owns 8,852 shares of the company’s stock valued at $1,687,000 after purchasing an additional 2,627 shares in the last quarter.

iShares S&P 500 Value ETF Stock Up 0.6%

Shares of IVE opened at $198.67 on Friday. The business has a 50-day simple moving average of $189.92 and a two-hundred day simple moving average of $189.97. iShares S&P 500 Value ETF has a 52 week low of $165.45 and a 52 week high of $206.63. The stock has a market cap of $39.78 billion, a price-to-earnings ratio of 20.88 and a beta of 0.94.

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.