Mutual Advisors LLC Boosts Position in iShares S&P 500 Value ETF $IVE

Mutual Advisors LLC grew its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 48,656 shares of the company’s stock after acquiring an additional 2,013 shares during the period. Mutual Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $9,759,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in IVE. Cloud Capital Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the first quarter worth about $27,000. Mowery & Schoenfeld Wealth Management LLC acquired a new position in iShares S&P 500 Value ETF in the first quarter valued at approximately $29,000. Nemes Rush Group LLC boosted its position in 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 purchasing an additional 150 shares in the last quarter. Flaharty Asset Management LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter worth approximately $33,000. Finally, IMG Wealth Management Inc. purchased a new position in shares of iShares S&P 500 Value ETF during the 1st quarter valued at approximately $34,000.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA IVE opened at $205.64 on Wednesday. The company has a market capitalization of $41.56 billion, a PE ratio of 20.70 and a beta of 0.94. The company’s fifty day moving average price is $203.56 and its 200 day moving average price is $194.20. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year high of $209.12.

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.