iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Bought by PFG Investments LLC

PFG Investments LLC grew its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,167 shares of the company’s stock after buying an additional 219 shares during the period. PFG Investments LLC’s holdings in iShares S&P 500 Value ETF were worth $592,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in IVE. Wells Fargo & Company MN increased its stake in iShares S&P 500 Value ETF by 0.3% during the 4th quarter. Wells Fargo & Company MN now owns 7,565,945 shares of the company’s stock valued at $1,315,642,000 after buying an additional 25,641 shares during the period. Envestnet Asset Management Inc. raised its position in shares of iShares S&P 500 Value ETF by 8.9% during the fourth quarter. Envestnet Asset Management Inc. now owns 4,314,163 shares of the company’s stock worth $750,190,000 after purchasing an additional 351,478 shares during the period. UBS Group AG lifted its holdings in shares of iShares S&P 500 Value ETF by 0.4% during the fourth quarter. UBS Group AG now owns 3,558,382 shares of the company’s stock valued at $618,767,000 after purchasing an additional 14,425 shares during the last quarter. Stifel Financial Corp lifted its holdings in shares of iShares S&P 500 Value ETF by 1.2% during the fourth quarter. Stifel Financial Corp now owns 2,195,335 shares of the company’s stock valued at $381,746,000 after purchasing an additional 25,246 shares during the last quarter. Finally, LPL Financial LLC boosted its position in shares of iShares S&P 500 Value ETF by 1.3% in the 3rd quarter. LPL Financial LLC now owns 1,940,992 shares of the company’s stock valued at $298,602,000 after purchasing an additional 23,973 shares during the period.

iShares S&P 500 Value ETF Stock Up 0.4 %

Shares of iShares S&P 500 Value ETF stock traded up $0.76 during midday trading on Monday, hitting $180.91. The company’s stock had a trading volume of 556,322 shares, compared to its average volume of 956,113. iShares S&P 500 Value ETF has a 1-year low of $147.23 and a 1-year high of $187.24. The firm has a market capitalization of $32.41 billion, a P/E ratio of 23.38 and a beta of 0.84. The stock has a 50-day simple moving average of $181.46 and a 200-day simple moving average of $172.09.

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.