King Luther Capital Management Corp Acquires Shares of 1,226 iShares S&P 500 Value ETF (NYSEARCA:IVE)

King Luther Capital Management Corp acquired a new stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,226 shares of the company’s stock, valued at approximately $242,000.

A number of other institutional investors also recently modified their holdings of the company. Sutton Place Investors LLC grew its position in shares of iShares S&P 500 Value ETF by 9.3% in the 2nd quarter. Sutton Place Investors LLC now owns 5,704 shares of the company’s stock worth $1,038,000 after buying an additional 483 shares during the last quarter. NBC Securities Inc. increased its position in iShares S&P 500 Value ETF by 33.3% during the 3rd quarter. NBC Securities Inc. now owns 2,148 shares of the company’s stock valued at $423,000 after purchasing an additional 536 shares during the period. Financial Partners Group Inc lifted its position in shares of iShares S&P 500 Value ETF by 2.7% in the 2nd quarter. Financial Partners Group Inc now owns 2,784 shares of the company’s stock worth $507,000 after purchasing an additional 74 shares during the period. Ausdal Financial Partners Inc. boosted its stake in shares of iShares S&P 500 Value ETF by 81.0% during the 3rd quarter. Ausdal Financial Partners Inc. now owns 46,203 shares of the company’s stock valued at $9,110,000 after purchasing an additional 20,674 shares in the last quarter. Finally, Concourse Financial Group Securities Inc. increased its position in shares of iShares S&P 500 Value ETF by 7.0% during the third quarter. Concourse Financial Group Securities Inc. now owns 53,260 shares of the company’s stock valued at $10,501,000 after buying an additional 3,500 shares during the period.

iShares S&P 500 Value ETF Stock Performance

iShares S&P 500 Value ETF stock opened at $203.74 on Monday. iShares S&P 500 Value ETF has a fifty-two week low of $163.68 and a fifty-two week high of $204.00. The stock has a market cap of $36.50 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The stock’s 50 day simple moving average is $198.01 and its two-hundred day simple moving average is $190.53.

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.