Narwhal Capital Management lifted its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 49.2% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 92,855 shares of the company’s stock after purchasing an additional 30,618 shares during the period. iShares S&P 500 Value ETF comprises approximately 2.2% of Narwhal Capital Management’s portfolio, making the stock its 7th biggest holding. Narwhal Capital Management owned about 0.07% of iShares S&P 500 Value ETF worth $10,824,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Comerica Securities Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 5.4% during the 4th quarter. Comerica Securities Inc. now owns 53,781 shares of the company’s stock valued at $5,439,000 after buying an additional 2,777 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in iShares S&P 500 Value ETF by 1.8% in the 4th quarter. Bank of New York Mellon Corp now owns 49,970 shares of the company’s stock worth $5,054,000 after purchasing an additional 879 shares during the last quarter. Northern Trust Corp lifted its holdings in iShares S&P 500 Value ETF by 40.9% in the 4th quarter. Northern Trust Corp now owns 83,247 shares of the company’s stock worth $8,420,000 after purchasing an additional 24,164 shares during the last quarter. Millennium Management LLC lifted its holdings in iShares S&P 500 Value ETF by 7.1% in the 4th quarter. Millennium Management LLC now owns 14,253 shares of the company’s stock worth $1,442,000 after purchasing an additional 948 shares during the last quarter. Finally, Deutsche Bank AG acquired a new stake in iShares S&P 500 Value ETF in the 4th quarter worth approximately $130,000.

IVE traded down $0.79 on Friday, hitting $115.21. The company had a trading volume of 615,149 shares, compared to its average volume of 849,921. The stock’s fifty day simple moving average is $117.51. iShares S&P 500 Value ETF has a 1-year low of $94.72 and a 1-year high of $120.00.

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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