iShares S&P 500 Value ETF $IVE Shares Purchased by Ehrlich Financial Group

Ehrlich Financial Group grew its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 20.6% in the 4th quarter, Holdings Channel reports. The fund owned 52,010 shares of the company’s stock after purchasing an additional 8,875 shares during the quarter. iShares S&P 500 Value ETF accounts for 6.3% of Ehrlich Financial Group’s portfolio, making the stock its 2nd biggest position. Ehrlich Financial Group’s holdings in iShares S&P 500 Value ETF were worth $11,030,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of IVE. Brighton Jones LLC grew its position in shares of 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 valued at $2,679,000 after purchasing an additional 112 shares during the period. Great Lakes Advisors LLC increased its stake in iShares S&P 500 Value ETF by 6,385.7% during the 1st quarter. Great Lakes Advisors LLC now owns 454 shares of the company’s stock worth $83,000 after purchasing an additional 447 shares in the last quarter. Schnieders Capital Management LLC. acquired a new stake in iShares S&P 500 Value ETF during the 2nd quarter worth approximately $550,000. GDS Wealth Management lifted its stake in iShares S&P 500 Value ETF by 8.4% in the second quarter. GDS Wealth Management now owns 2,538 shares of the company’s stock valued at $496,000 after buying an additional 196 shares in the last quarter. Finally, EFG Asset Management Americas Corp. boosted its holdings in shares of iShares S&P 500 Value ETF by 11.4% in the second quarter. EFG Asset Management Americas Corp. now owns 5,513 shares of the company’s stock valued at $1,077,000 after buying an additional 565 shares during the period.

iShares S&P 500 Value ETF Stock Down 0.1%

iShares S&P 500 Value ETF stock opened at $209.72 on Friday. The company has a 50 day moving average of $217.92 and a 200-day moving average of $211.86. iShares S&P 500 Value ETF has a twelve month low of $165.45 and a twelve month high of $223.05. The stock has a market capitalization of $47.38 billion, a PE ratio of 20.70 and a beta of 0.89.

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. 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.