Fund Evaluation Group LLC Takes Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Fund Evaluation Group LLC bought a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 21,896 shares of the company’s stock, valued at approximately $4,173,000.

Other hedge funds also recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its stake in shares of iShares S&P 500 Value ETF by 3.8% in the fourth quarter. Envestnet Asset Management Inc. now owns 13,435,769 shares of the company’s stock worth $2,564,620,000 after acquiring an additional 493,784 shares during the period. Bank of America Corp DE lifted its holdings in iShares S&P 500 Value ETF by 2.5% in the 4th quarter. Bank of America Corp DE now owns 8,148,548 shares of the company’s stock worth $1,555,395,000 after purchasing an additional 200,707 shares in the last quarter. Stifel Financial Corp lifted its holdings in iShares S&P 500 Value ETF by 3.5% in the 4th quarter. Stifel Financial Corp now owns 2,576,656 shares of the company’s stock worth $491,832,000 after purchasing an additional 88,096 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in iShares S&P 500 Value ETF by 7.5% in the 4th quarter. Ameriprise Financial Inc. now owns 2,455,376 shares of the company’s stock worth $468,171,000 after purchasing an additional 171,953 shares during the period. Finally, PNC Financial Services Group Inc. grew its holdings in iShares S&P 500 Value ETF by 8.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,142,670 shares of the company’s stock valued at $408,993,000 after buying an additional 167,028 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

iShares S&P 500 Value ETF stock opened at $198.67 on Friday. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year high of $206.63. The firm’s 50 day moving average price is $189.92 and its 200-day moving average price is $189.97. The stock has a market cap of $39.78 billion, a P/E ratio of 20.88 and a beta of 0.94.

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.