Delta Investment Management LLC Boosts Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Delta Investment Management LLC increased its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 9.0% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 1,266 shares of the company’s stock after purchasing an additional 105 shares during the period. Delta Investment Management LLC’s holdings in iShares S&P 500 Value ETF were worth $230,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. JPMorgan Chase & Co. boosted its position in shares of iShares S&P 500 Value ETF by 5.1% during the 1st quarter. JPMorgan Chase & Co. now owns 17,776,089 shares of the company’s stock worth $3,320,751,000 after purchasing an additional 861,704 shares during the period. Envestnet Asset Management Inc. lifted its holdings in iShares S&P 500 Value ETF by 3.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,380,397 shares of the company’s stock worth $2,253,356,000 after buying an additional 420,007 shares in the last quarter. LPL Financial LLC lifted its holdings in iShares S&P 500 Value ETF by 4.9% during the 2nd quarter. LPL Financial LLC now owns 4,258,617 shares of the company’s stock worth $775,111,000 after buying an additional 200,427 shares in the last quarter. US Bancorp DE lifted its holdings in iShares S&P 500 Value ETF by 9.9% during the 1st quarter. US Bancorp DE now owns 1,539,081 shares of the company’s stock worth $287,516,000 after buying an additional 139,258 shares in the last quarter. Finally, CWM LLC lifted its holdings in iShares S&P 500 Value ETF by 228.4% during the 1st quarter. CWM LLC now owns 1,496,348 shares of the company’s stock worth $279,533,000 after buying an additional 1,040,767 shares in the last quarter.

iShares S&P 500 Value ETF Stock Up 0.5 %

iShares S&P 500 Value ETF stock opened at $195.76 on Friday. The firm has a market cap of $35.07 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 52-week low of $147.23 and a 52-week high of $197.60. The company’s 50 day moving average is $191.09 and its two-hundred day moving average is $185.62.

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.