North Star Investment Management Corp. Acquires 7,198 Shares of iShares S&P 500 Value ETF $IVE

North Star Investment Management Corp. boosted its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.9% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 193,952 shares of the company’s stock after purchasing an additional 7,198 shares during the quarter. iShares S&P 500 Value ETF comprises 2.5% of North Star Investment Management Corp.’s portfolio, making the stock its 7th biggest position. North Star Investment Management Corp.’s holdings in iShares S&P 500 Value ETF were worth $40,953,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of IVE. Flagship Private Wealth LLC increased its stake in shares of iShares S&P 500 Value ETF by 1.1% during the fourth quarter. Flagship Private Wealth LLC now owns 4,250 shares of the company’s stock worth $901,000 after purchasing an additional 48 shares in the last quarter. Patten & Patten Inc. TN lifted its stake in shares of iShares S&P 500 Value ETF by 4.8% in the fourth quarter. Patten & Patten Inc. TN now owns 1,048 shares of the company’s stock worth $222,000 after buying an additional 48 shares in the last quarter. Bernardo Wealth Planning LLC lifted its stake in shares of iShares S&P 500 Value ETF by 0.5% in the fourth quarter. Bernardo Wealth Planning LLC now owns 9,495 shares of the company’s stock worth $2,014,000 after buying an additional 49 shares in the last quarter. Stegner Investment Associates Inc. boosted its position in iShares S&P 500 Value ETF by 0.3% during the fourth quarter. Stegner Investment Associates Inc. now owns 16,304 shares of the company’s stock worth $3,457,000 after acquiring an additional 49 shares during the last quarter. Finally, Rossby Financial LCC boosted its position in iShares S&P 500 Value ETF by 6.6% during the fourth quarter. Rossby Financial LCC now owns 807 shares of the company’s stock worth $171,000 after acquiring an additional 50 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

IVE stock opened at $226.52 on Monday. The company has a market cap of $50.02 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a 12 month low of $193.55 and a 12 month high of $230.05. The firm has a 50-day moving average of $225.08 and a two-hundred day moving average of $218.96.

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.