IFP Advisors Inc Buys 21,919 Shares of iShares S&P 500 Value ETF (IVE)

IFP Advisors Inc lifted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 75.9% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 50,807 shares of the company’s stock after purchasing an additional 21,919 shares during the quarter. IFP Advisors Inc’s holdings in iShares S&P 500 Value ETF were worth $5,100,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of IVE. Matthew Goff Investment Advisor LLC boosted its stake in shares of iShares S&P 500 Value ETF by 16,161.0% in the third quarter. Matthew Goff Investment Advisor LLC now owns 1,587,561 shares of the company’s stock valued at $9,763,000 after buying an additional 1,577,798 shares during the period. Varma Mutual Pension Insurance Co boosted its stake in shares of iShares S&P 500 Value ETF by 32.6% in the third quarter. Varma Mutual Pension Insurance Co now owns 4,208,061 shares of the company’s stock valued at $485,824,000 after buying an additional 1,034,999 shares during the period. Morgan Stanley boosted its stake in shares of iShares S&P 500 Value ETF by 10.6% in the third quarter. Morgan Stanley now owns 10,586,449 shares of the company’s stock valued at $1,226,334,000 after buying an additional 1,014,231 shares during the period. Cornerstone Wealth Management LLC boosted its stake in shares of iShares S&P 500 Value ETF by 19.7% in the third quarter. Cornerstone Wealth Management LLC now owns 1,614,481 shares of the company’s stock valued at $14,845,000 after buying an additional 265,767 shares during the period. Finally, Sawtooth Solutions LLC bought a new stake in shares of iShares S&P 500 Value ETF in the third quarter valued at approximately $19,244,000.

NYSEARCA IVE traded up $0.81 on Wednesday, hitting $107.52. 4,652 shares of the company’s stock were exchanged, compared to its average volume of 2,483,557. iShares S&P 500 Value ETF has a 52 week low of $94.72 and a 52 week high of $121.12.

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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.

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Want to see what other hedge funds are holding IVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Value ETF (NYSEARCA:IVE).

Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

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