HighTower Advisors LLC Raises Holdings in iShares S&P 500 Value ETF $IVE

HighTower Advisors LLC lifted its position in iShares S&P 500 Value ETF (NYSEARCA:IVEFree Report) by 1.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 670,326 shares of the company’s stock after purchasing an additional 6,646 shares during the quarter. HighTower Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $152,204,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Simplex Trading LLC purchased a new position in iShares S&P 500 Value ETF during the 4th quarter valued at approximately $25,000. Hilton Head Capital Partners LLC bought a new stake in iShares S&P 500 Value ETF in the 4th quarter worth approximately $25,000. United Services Automobile Association purchased a new stake in shares of iShares S&P 500 Value ETF during the 2nd quarter worth approximately $26,000. RMG Wealth Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter worth approximately $27,000. Finally, Palisade Asset Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter worth approximately $29,000.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE opened at $236.80 on Monday. The company has a market capitalization of $50.05 billion, a P/E ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a one year low of $201.22 and a one year high of $239.93. The stock has a 50 day moving average price of $233.58 and a 200-day moving average price of $225.16.

About iShares S&P 500 Value ETF

(Free Report)

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.

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

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