NorthLanding Financial Partners LLC grew its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 29.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,716 shares of the company’s stock after purchasing an additional 2,643 shares during the period. iShares S&P 500 Value ETF comprises 2.2% of NorthLanding Financial Partners LLC’s portfolio, making the stock its 9th largest holding. NorthLanding Financial Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $2,660,000 as of its most recent SEC filing.
A number of other hedge funds have also made changes to their positions in IVE. Rockwood Wealth Management LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 2.7% during the first quarter. Rockwood Wealth Management LLC now owns 1,785 shares of the company’s stock worth $377,000 after purchasing an additional 47 shares during the period. Flagship Private Wealth LLC grew its position in iShares S&P 500 Value ETF by 1.1% during the fourth quarter. Flagship Private Wealth LLC now owns 4,250 shares of the company’s stock valued at $901,000 after purchasing an additional 48 shares in the last quarter. Patten & Patten Inc. TN increased its stake in iShares S&P 500 Value ETF by 4.8% in the 4th quarter. Patten & Patten Inc. TN now owns 1,048 shares of the company’s stock valued at $222,000 after buying an additional 48 shares during the period. Rossby Financial LCC increased its stake in iShares S&P 500 Value ETF by 6.6% in the 4th quarter. Rossby Financial LCC now owns 807 shares of the company’s stock valued at $171,000 after buying an additional 50 shares during the period. Finally, Smith Chas P & Associates PA Cpas lifted its position in iShares S&P 500 Value ETF by 3.2% in the 4th quarter. Smith Chas P & Associates PA Cpas now owns 1,697 shares of the company’s stock worth $360,000 after buying an additional 52 shares in the last quarter.
iShares S&P 500 Value ETF Stock Down 0.3%
Shares of NYSEARCA:IVE opened at $236.53 on Tuesday. The firm has a fifty day moving average of $232.73 and a two-hundred day moving average of $224.69. The firm has a market capitalization of $49.99 billion, a P/E ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a 12-month low of $201.22 and a 12-month high of $239.93.
iShares S&P 500 Value ETF 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.
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