iShares S&P 500 Value ETF $IVE Shares Acquired by Tiemann Investment Advisors LLC

Tiemann Investment Advisors LLC increased its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.4% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 8,044 shares of the company’s stock after purchasing an additional 267 shares during the quarter. Tiemann Investment Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $1,572,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the first quarter valued at about $29,000. Harbor Asset Planning Inc. acquired a new position in shares of iShares S&P 500 Value ETF in the 2nd quarter worth approximately $30,000. Nemes Rush Group LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 625.0% in the 1st quarter. Nemes Rush Group LLC now owns 174 shares of the company’s stock worth $33,000 after acquiring an additional 150 shares during the last quarter. Flaharty Asset Management LLC purchased a new position in shares of iShares S&P 500 Value ETF during the 1st quarter worth approximately $33,000. Finally, Ryan Investment Management Inc. acquired a new stake in iShares S&P 500 Value ETF in the 2nd quarter valued at approximately $36,000.

iShares S&P 500 Value ETF Stock Up 0.7%

Shares of NYSEARCA IVE opened at $209.37 on Tuesday. The business’s 50 day moving average is $206.18 and its two-hundred day moving average is $198.36. iShares S&P 500 Value ETF has a 52-week low of $165.45 and a 52-week high of $211.83. The firm has a market cap of $42.70 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89.

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.