Phillips Financial Management LLC Has $37.27 Million Position in iShares S&P 500 Value ETF (IVE)

Phillips Financial Management LLC increased its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 326,355 shares of the company’s stock after purchasing an additional 6,953 shares during the quarter. iShares S&P 500 Value ETF accounts for about 7.1% of Phillips Financial Management LLC’s holdings, making the stock its 3rd largest holding. Phillips Financial Management LLC’s holdings in iShares S&P 500 Value ETF were worth $37,270,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Quad Cities Investment Group LLC raised its holdings in shares of iShares S&P 500 Value ETF by 1,564.3% during the first quarter. Quad Cities Investment Group LLC now owns 233 shares of the company’s stock valued at $26,000 after acquiring an additional 219 shares during the last quarter. ERTS Wealth Advisors LLC acquired a new position in shares of iShares S&P 500 Value ETF during the fourth quarter valued at approximately $27,000. Essex Savings Bank acquired a new position in shares of iShares S&P 500 Value ETF during the fourth quarter valued at approximately $30,000. Doyle Wealth Management acquired a new position in shares of iShares S&P 500 Value ETF during the fourth quarter valued at approximately $34,000. Finally, Nvwm LLC acquired a new position in shares of iShares S&P 500 Value ETF during the fourth quarter valued at approximately $36,000.

Shares of iShares S&P 500 Value ETF stock traded down $0.61 during mid-day trading on Friday, reaching $113.31. 3,146 shares of the stock traded hands, compared to its average volume of 1,019,025. iShares S&P 500 Value ETF has a fifty-two week low of $94.72 and a fifty-two week high of $118.81.

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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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