Sutton Place Investors LLC Purchases 2,858 Shares of iShares S&P 500 Value ETF $IVE

Sutton Place Investors LLC lifted its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 28.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,810 shares of the company’s stock after acquiring an additional 2,858 shares during the quarter. iShares S&P 500 Value ETF makes up about 1.5% of Sutton Place Investors LLC’s investment portfolio, making the stock its 15th largest position. Sutton Place Investors LLC’s holdings in iShares S&P 500 Value ETF were worth $2,717,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Envestnet Asset Management Inc. increased its holdings in iShares S&P 500 Value ETF by 5.4% in the third quarter. Envestnet Asset Management Inc. now owns 22,121,389 shares of the company’s stock valued at $4,568,288,000 after purchasing an additional 1,137,886 shares during the last quarter. Bank of America Corp DE increased its holdings in iShares S&P 500 Value ETF by 0.9% in the third quarter. Bank of America Corp DE now owns 8,396,957 shares of the company’s stock valued at $1,734,056,000 after purchasing an additional 72,040 shares during the last quarter. UBS Group AG increased its holdings in iShares S&P 500 Value ETF by 1.0% in the third quarter. UBS Group AG now owns 3,604,778 shares of the company’s stock valued at $744,423,000 after purchasing an additional 37,372 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in iShares S&P 500 Value ETF by 19.0% in the second quarter. Ameriprise Financial Inc. now owns 3,031,014 shares of the company’s stock valued at $591,818,000 after purchasing an additional 484,782 shares during the last quarter. Finally, Park Avenue Securities LLC increased its holdings in iShares S&P 500 Value ETF by 40.4% in the fourth quarter. Park Avenue Securities LLC now owns 2,467,550 shares of the company’s stock valued at $523,293,000 after purchasing an additional 710,518 shares during the last quarter.

iShares S&P 500 Value ETF Trading Up 2.0%

NYSEARCA IVE opened at $216.26 on Thursday. The stock has a 50-day simple moving average of $216.26 and a 200 day simple moving average of $212.65. The company has a market capitalization of $47.72 billion, a PE ratio of 20.70 and a beta of 0.87. iShares S&P 500 Value ETF has a 12 month low of $166.34 and a 12 month high of $223.05.

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. 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.