iShares S&P 500 Value ETF $IVE Stake Increased by Lockerman Financial Group Inc.

Lockerman Financial Group Inc. grew its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 32.7% in the second quarter, Holdings Channel.com reports. The firm owned 1,568 shares of the company’s stock after purchasing an additional 386 shares during the period. Lockerman Financial Group Inc.’s holdings in iShares S&P 500 Value ETF were worth $306,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Envestnet Asset Management Inc. raised its holdings in shares of iShares S&P 500 Value ETF by 38.8% during the first quarter. Envestnet Asset Management Inc. now owns 18,643,646 shares of the company’s stock worth $3,553,106,000 after acquiring an additional 5,207,877 shares in the last quarter. JPMorgan Chase & Co. increased its position in iShares S&P 500 Value ETF by 5.5% during the first quarter. JPMorgan Chase & Co. now owns 17,776,163 shares of the company’s stock worth $3,387,781,000 after buying an additional 922,557 shares during the last quarter. Goldman Sachs Group Inc. increased its position in iShares S&P 500 Value ETF by 4.2% during the first quarter. Goldman Sachs Group Inc. now owns 2,590,004 shares of the company’s stock worth $493,603,000 after buying an additional 105,418 shares during the last quarter. Ameriprise Financial Inc. increased its position in iShares S&P 500 Value ETF by 3.7% during the first quarter. Ameriprise Financial Inc. now owns 2,546,232 shares of the company’s stock worth $485,361,000 after buying an additional 90,856 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its position in iShares S&P 500 Value ETF by 5.3% during the first quarter. PNC Financial Services Group Inc. now owns 2,257,076 shares of the company’s stock worth $430,153,000 after buying an additional 114,406 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

iShares S&P 500 Value ETF stock opened at $205.80 on Tuesday. The company has a market capitalization of $41.31 billion, a price-to-earnings ratio of 20.70 and a beta of 0.94. iShares S&P 500 Value ETF has a one year low of $165.45 and a one year high of $206.63. The company’s fifty day moving average price is $201.73 and its two-hundred day moving average price is $193.00.

iShares S&P 500 Value ETF 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.