iShares S&P 500 Value ETF $IVE Stock Purchased by Fifth Third Securities Inc.

Fifth Third Securities Inc. increased its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 119.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 93,961 shares of the company’s stock after purchasing an additional 51,088 shares during the quarter. iShares S&P 500 Value ETF makes up about 1.1% of Fifth Third Securities Inc.’s portfolio, making the stock its 16th largest holding. Fifth Third Securities Inc.’s holdings in iShares S&P 500 Value ETF were worth $21,450,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the stock. Sowell Financial Services LLC grew its stake in shares of iShares S&P 500 Value ETF by 0.9% in the third quarter. Sowell Financial Services LLC now owns 19,030 shares of the company’s stock worth $4,344,000 after purchasing an additional 168 shares during the last quarter. Physician Wealth Advisors Inc. lifted its stake in shares of iShares S&P 500 Value ETF by 2.7% in the third quarter. Physician Wealth Advisors Inc. now owns 122,587 shares of the company’s stock worth $27,984,000 after acquiring an additional 3,177 shares during the period. Carnegie Investment Counsel boosted its stake in shares of iShares S&P 500 Value ETF by 123.4% in the 3rd quarter. Carnegie Investment Counsel now owns 3,593 shares of the company’s stock valued at $820,000 after purchasing an additional 1,985 shares during the last quarter. Pinnacle Associates Ltd. boosted its stake in shares of iShares S&P 500 Value ETF by 4.7% in the 3rd quarter. Pinnacle Associates Ltd. now owns 8,101 shares of the company’s stock valued at $1,849,000 after purchasing an additional 363 shares during the last quarter. Finally, Integrated Advisors Network LLC lifted its holdings in iShares S&P 500 Value ETF by 13.9% in the third quarter. Integrated Advisors Network LLC now owns 52,538 shares of the company’s stock valued at $11,993,000 after buying an additional 6,415 shares during the period.

iShares S&P 500 Value ETF Trading Up 0.3%

IVE stock traded up $0.78 during mid-day trading on Wednesday, reaching $237.98. The company’s stock had a trading volume of 257,389 shares, compared to its average volume of 932,175. iShares S&P 500 Value ETF has a 12 month low of $203.15 and a 12 month high of $239.93. The business’s 50 day moving average price is $234.41 and its 200 day moving average price is $229.11. The company has a market cap of $50.36 billion, a price-to-earnings ratio of 20.70 and a beta of 0.83.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.