Asset Management Group Inc. Raises Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Asset Management Group Inc. boosted its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.4% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 53,231 shares of the company’s stock after purchasing an additional 235 shares during the quarter. iShares S&P 500 Value ETF makes up approximately 1.8% of Asset Management Group Inc.’s holdings, making the stock its 20th largest holding. Asset Management Group Inc.’s holdings in iShares S&P 500 Value ETF were worth $9,689,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in IVE. Palisade Asset Management LLC bought a new stake in shares of iShares S&P 500 Value ETF in the first quarter worth $26,000. CarsonAllaria Wealth Management Ltd. lifted its position in shares of iShares S&P 500 Value ETF by 289.5% during the first quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock worth $28,000 after purchasing an additional 110 shares during the last quarter. Vima LLC acquired a new position in iShares S&P 500 Value ETF in the fourth quarter worth about $27,000. Northwest Investment Counselors LLC bought a new stake in iShares S&P 500 Value ETF in the first quarter valued at about $29,000. Finally, Fortis Group Advisors LLC lifted its holdings in iShares S&P 500 Value ETF by 100.0% during the 4th quarter. Fortis Group Advisors LLC now owns 200 shares of the company’s stock worth $35,000 after buying an additional 100 shares during the last quarter.

iShares S&P 500 Value ETF Trading Down 0.2 %

Shares of NYSEARCA IVE opened at $196.26 on Friday. The business has a 50 day simple moving average of $190.63 and a 200-day simple moving average of $185.27. iShares S&P 500 Value ETF has a twelve month low of $147.23 and a twelve month high of $197.39. The company has a market capitalization of $35.16 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

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.