Sterling Investment Advisors LLC ADV grew its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 43,001 shares of the company’s stock after purchasing an additional 337 shares during the period. iShares S&P 500 Value ETF comprises approximately 4.0% of Sterling Investment Advisors LLC ADV’s investment portfolio, making the stock its 7th largest holding. Sterling Investment Advisors LLC ADV’s holdings in iShares S&P 500 Value ETF were worth $4,848,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the business. Matthew Goff Investment Advisor LLC lifted its position in shares of iShares S&P 500 Value ETF by 16,161.0% during the 3rd quarter. Matthew Goff Investment Advisor LLC now owns 1,587,561 shares of the company’s stock valued at $9,763,000 after buying an additional 1,577,798 shares in the last quarter. Morgan Stanley lifted its position in shares of iShares S&P 500 Value ETF by 10.6% during the 3rd quarter. Morgan Stanley now owns 10,586,449 shares of the company’s stock valued at $1,226,334,000 after buying an additional 1,014,231 shares in the last quarter. BlackRock Inc. lifted its position in shares of iShares S&P 500 Value ETF by 85.6% during the 4th quarter. BlackRock Inc. now owns 848,625 shares of the company’s stock valued at $85,830,000 after buying an additional 391,315 shares in the last quarter. Advisor Group Inc. lifted its position in shares of iShares S&P 500 Value ETF by 59.7% during the 4th quarter. Advisor Group Inc. now owns 1,036,247 shares of the company’s stock valued at $104,878,000 after buying an additional 387,310 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in shares of iShares S&P 500 Value ETF by 4.3% during the 4th quarter. Bank of America Corp DE now owns 7,133,538 shares of the company’s stock valued at $721,487,000 after buying an additional 294,698 shares in the last quarter.

Shares of NYSEARCA:IVE traded up $0.21 during midday trading on Wednesday, reaching $115.22. 5,640 shares of the company’s stock traded hands, compared to its average volume of 1,196,847. iShares S&P 500 Value ETF has a 1 year low of $94.72 and a 1 year high of $118.81.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Thursday, March 21st were given a dividend of $0.6411 per share. The ex-dividend date was Wednesday, March 20th. This represents a $2.56 dividend on an annualized basis and a dividend yield of 2.23%.

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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.

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Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

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