North Star Investment Management Corp. Has $40.95 Million Stake in iShares S&P 500 Value ETF $IVE

North Star Investment Management Corp. grew its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.9% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 193,952 shares of the company’s stock after buying an additional 7,198 shares during the period. iShares S&P 500 Value ETF accounts for about 2.5% of North Star Investment Management Corp.’s portfolio, making the stock its 7th largest position. North Star Investment Management Corp. owned approximately 0.09% of iShares S&P 500 Value ETF worth $40,953,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of IVE. Brighton Jones LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 0.8% during 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 last quarter. Great Lakes Advisors LLC increased its position 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 valued at $83,000 after buying an additional 447 shares in the last quarter. Schnieders Capital Management LLC. purchased a new stake in iShares S&P 500 Value ETF in the second quarter valued at about $550,000. Russell Investments Group Ltd. boosted its holdings in iShares S&P 500 Value ETF by 28.8% in the second quarter. Russell Investments Group Ltd. now owns 2,131 shares of the company’s stock worth $416,000 after acquiring an additional 477 shares in the last quarter. Finally, First Trust Advisors LP boosted its holdings in iShares S&P 500 Value ETF by 2.8% in the second quarter. First Trust Advisors LP now owns 26,527 shares of the company’s stock worth $5,184,000 after acquiring an additional 731 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

IVE opened at $226.52 on Monday. The company has a market cap of $50.02 billion, a P/E ratio of 20.70 and a beta of 0.82. The firm’s 50-day moving average price is $225.08 and its 200-day moving average price is $218.96. iShares S&P 500 Value ETF has a 52-week low of $193.55 and a 52-week high of $230.05.

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.