Interchange Capital Partners LLC Raises Stock Holdings in iShares S&P 500 Value ETF $IVE

Interchange Capital Partners LLC boosted its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 21.8% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 14,041 shares of the company’s stock after buying an additional 2,515 shares during the quarter. iShares S&P 500 Value ETF makes up about 0.6% of Interchange Capital Partners LLC’s holdings, making the stock its 28th biggest holding. Interchange Capital Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $3,188,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IVE. Assetmark Inc. lifted its stake in iShares S&P 500 Value ETF by 30.3% during the fourth quarter. Assetmark Inc. now owns 22,567 shares of the company’s stock worth $4,786,000 after purchasing an additional 5,244 shares during the last quarter. Asset Dedication LLC increased its stake in iShares S&P 500 Value ETF by 20.7% during the fourth quarter. Asset Dedication LLC now owns 14,669 shares of the company’s stock valued at $3,111,000 after purchasing an additional 2,516 shares during the last quarter. WealthShield Partners LLC raised its holdings in shares of iShares S&P 500 Value ETF by 31.1% during the fourth quarter. WealthShield Partners LLC now owns 85,492 shares of the company’s stock worth $18,130,000 after purchasing an additional 20,296 shares during the period. TD Waterhouse Canada Inc. raised its holdings in shares of iShares S&P 500 Value ETF by 5.4% during the fourth quarter. TD Waterhouse Canada Inc. now owns 165,522 shares of the company’s stock worth $35,092,000 after purchasing an additional 8,408 shares during the period. Finally, Trek Financial LLC lifted its position in shares of iShares S&P 500 Value ETF by 48.3% in the 4th quarter. Trek Financial LLC now owns 120,030 shares of the company’s stock worth $25,455,000 after buying an additional 39,068 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE opened at $236.60 on Thursday. iShares S&P 500 Value ETF has a one year low of $200.52 and a one year high of $236.97. The company has a 50-day simple moving average of $230.07 and a 200-day simple moving average of $222.99. The firm has a market capitalization of $50.01 billion, a PE ratio of 20.70 and a beta of 0.82.

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.