Bank of New York Mellon Corp Purchases 112,150 Shares of iShares S&P 500 Value ETF $IVE

Bank of New York Mellon Corp grew its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 18.5% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 719,697 shares of the company’s stock after buying an additional 112,150 shares during the period. Bank of New York Mellon Corp owned approximately 0.36% of iShares S&P 500 Value ETF worth $140,643,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in IVE. Brighton Jones LLC raised its position in shares of iShares S&P 500 Value ETF by 0.8% during the fourth quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock worth $2,679,000 after purchasing an additional 112 shares during the period. Stratos Investment Management LLC grew its position in shares of iShares S&P 500 Value ETF by 5.6% in the 1st quarter. Stratos Investment Management LLC now owns 1,424 shares of the company’s stock valued at $271,000 after purchasing an additional 75 shares during the period. Cornerstone Planning Group LLC increased its stake in iShares S&P 500 Value ETF by 222.7% during the 1st quarter. Cornerstone Planning Group LLC now owns 484 shares of the company’s stock worth $87,000 after purchasing an additional 334 shares in the last quarter. Ascent Capital Management LLC lifted its stake in iShares S&P 500 Value ETF by 68.2% in the first quarter. Ascent Capital Management LLC now owns 10,865 shares of the company’s stock valued at $2,071,000 after buying an additional 4,404 shares in the last quarter. Finally, True Vision MN LLC lifted its stake in iShares S&P 500 Value ETF by 60.1% in the first quarter. True Vision MN LLC now owns 32,516 shares of the company’s stock valued at $6,197,000 after buying an additional 12,210 shares in the last quarter.

iShares S&P 500 Value ETF Stock Down 0.7%

iShares S&P 500 Value ETF stock opened at $206.99 on Friday. The company has a 50 day moving average of $205.99 and a 200-day moving average of $197.66. iShares S&P 500 Value ETF has a twelve month low of $165.45 and a twelve month high of $211.83. The stock has a market capitalization of $42.22 billion, a PE ratio of 20.70 and a beta of 0.89.

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.