Seven Mile Advisory Grows Position in iShares S&P 500 Value ETF $IVE

Seven Mile Advisory lifted its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 170.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 8,523 shares of the company’s stock after purchasing an additional 5,372 shares during the period. Seven Mile Advisory’s holdings in iShares S&P 500 Value ETF were worth $1,760,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in IVE. Brighton Jones LLC grew its holdings in iShares S&P 500 Value ETF by 0.8% in the 4th quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock worth $2,679,000 after acquiring an additional 112 shares during the last quarter. Great Lakes Advisors LLC raised its stake in shares of iShares S&P 500 Value ETF by 6,385.7% during the first quarter. Great Lakes Advisors LLC now owns 454 shares of the company’s stock valued at $83,000 after acquiring an additional 447 shares during the last quarter. Schnieders Capital Management LLC. purchased a new stake in shares of iShares S&P 500 Value ETF during the second quarter worth about $550,000. Vise Technologies Inc. purchased a new stake in shares of iShares S&P 500 Value ETF during the second quarter worth about $884,000. Finally, Boston Partners bought a new stake in shares of iShares S&P 500 Value ETF in the second quarter worth about $309,000.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA:IVE opened at $211.91 on Friday. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year high of $223.05. The company has a market cap of $47.87 billion, a PE ratio of 20.70 and a beta of 0.89. The stock’s 50-day moving average is $218.25 and its 200 day moving average is $211.58.

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. 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.