Total Investment Management Inc. Buys 121 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Total Investment Management Inc. lifted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 12,422 shares of the company’s stock after buying an additional 121 shares during the quarter. iShares S&P 500 Value ETF makes up 0.3% of Total Investment Management Inc.’s holdings, making the stock its 18th largest holding. Total Investment Management Inc.’s holdings in iShares S&P 500 Value ETF were worth $2,160,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of IVE. International Assets Investment Management LLC boosted its stake in iShares S&P 500 Value ETF by 17,397.0% during the 4th quarter. International Assets Investment Management LLC now owns 1,119,109 shares of the company’s stock valued at $194,602,000 after purchasing an additional 1,112,713 shares during the last quarter. Charles Schwab Investment Management Inc. purchased a new stake in shares of iShares S&P 500 Value ETF during the third quarter valued at $93,051,000. Calamos Wealth Management LLC increased its holdings in iShares S&P 500 Value ETF by 778.4% in the 4th quarter. Calamos Wealth Management LLC now owns 472,801 shares of the company’s stock worth $82,215,000 after buying an additional 418,976 shares in the last quarter. Comerica Bank bought a new stake in iShares S&P 500 Value ETF in the 3rd quarter worth about $62,554,000. Finally, Corient Private Wealth LLC raised its position in iShares S&P 500 Value ETF by 1,513.6% in the 3rd quarter. Corient Private Wealth LLC now owns 379,169 shares of the company’s stock worth $58,331,000 after buying an additional 355,670 shares during the last quarter.

iShares S&P 500 Value ETF Stock Down 0.2 %

Shares of NYSEARCA IVE opened at $180.15 on Friday. The firm’s 50-day moving average price is $181.38 and its 200-day moving average price is $171.79. iShares S&P 500 Value ETF has a 52-week low of $147.23 and a 52-week high of $187.24. The company has a market cap of $32.27 billion, a PE ratio of 23.38 and a beta of 0.84.

About iShares S&P 500 Value ETF

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.