Polaris Investment Advisors LLC Makes New Investment in iShares S&P 500 Value ETF $IVE

Polaris Investment Advisors LLC acquired a new stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 44,962 shares of the company’s stock, valued at approximately $9,535,000. iShares S&P 500 Value ETF accounts for 6.9% of Polaris Investment Advisors LLC’s portfolio, making the stock its 3rd largest holding.

Several other large investors have also made changes to their positions in the business. Brighton Jones LLC raised its holdings in shares of iShares S&P 500 Value ETF by 0.8% during the fourth quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock worth $2,679,000 after purchasing an additional 112 shares during the last quarter. Great Lakes Advisors LLC boosted its holdings in iShares S&P 500 Value ETF by 6,385.7% in the first quarter. Great Lakes Advisors LLC now owns 454 shares of the company’s stock valued at $83,000 after purchasing an additional 447 shares during the last quarter. Schnieders Capital Management LLC. purchased a new stake in iShares S&P 500 Value ETF in the second quarter valued at $550,000. Boston Partners acquired a new stake in iShares S&P 500 Value ETF during the 2nd quarter worth about $309,000. Finally, Russell Investments Group Ltd. grew its position in iShares S&P 500 Value ETF by 28.8% during the 2nd quarter. Russell Investments Group Ltd. now owns 2,131 shares of the company’s stock worth $416,000 after purchasing an additional 477 shares during the period.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE opened at $207.63 on Tuesday. The firm has a market capitalization of $46.90 billion, a P/E ratio of 20.70 and a beta of 0.89. The stock has a 50-day simple moving average of $216.79 and a two-hundred day simple moving average of $212.28. iShares S&P 500 Value ETF has a fifty-two week low of $165.45 and a fifty-two week high of $223.05.

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.