New Age Alpha Advisors LLC Buys 3,403 Shares of iShares S&P 500 Value ETF $IVE

New Age Alpha Advisors LLC grew its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 28.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,339 shares of the company’s stock after acquiring an additional 3,403 shares during the period. New Age Alpha Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $3,253,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Envestnet Asset Management Inc. grew its holdings in shares of iShares S&P 500 Value ETF by 5.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 22,121,389 shares of the company’s stock valued at $4,568,288,000 after acquiring an additional 1,137,886 shares in the last quarter. Bank of America Corp DE grew its holdings in iShares S&P 500 Value ETF by 0.9% during the third quarter. Bank of America Corp DE now owns 8,396,957 shares of the company’s stock worth $1,734,056,000 after purchasing an additional 72,040 shares during the period. UBS Group AG grew its holdings in iShares S&P 500 Value ETF by 1.0% during the third quarter. UBS Group AG now owns 3,604,778 shares of the company’s stock worth $744,423,000 after purchasing an additional 37,372 shares during the period. Ameriprise Financial Inc. grew its holdings in iShares S&P 500 Value ETF by 19.0% during the second quarter. Ameriprise Financial Inc. now owns 3,031,014 shares of the company’s stock worth $591,818,000 after purchasing an additional 484,782 shares during the period. Finally, CWM LLC grew its holdings in iShares S&P 500 Value ETF by 37.5% during the fourth quarter. CWM LLC now owns 2,579,248 shares of the company’s stock worth $546,981,000 after purchasing an additional 702,987 shares during the period.

iShares S&P 500 Value ETF Stock Performance

iShares S&P 500 Value ETF stock opened at $228.03 on Tuesday. iShares S&P 500 Value ETF has a 52 week low of $185.34 and a 52 week high of $228.50. The stock has a market capitalization of $50.35 billion, a P/E ratio of 20.70 and a beta of 0.83. The stock has a 50-day simple moving average of $217.96 and a 200 day simple moving average of $215.97.

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.