Elm Partners Management LLC Buys 2,319 Shares of iShares S&P 500 Value ETF $IVE

Elm Partners Management LLC increased its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 43.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,697 shares of the company’s stock after buying an additional 2,319 shares during the quarter. Elm Partners Management LLC’s holdings in iShares S&P 500 Value ETF were worth $1,589,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its position in shares of iShares S&P 500 Value ETF by 12.6% in the second quarter. Envestnet Asset Management Inc. now owns 20,983,503 shares of the company’s stock worth $4,100,596,000 after purchasing an additional 2,339,857 shares during the period. Laurel Wealth Advisors LLC grew its stake in iShares S&P 500 Value ETF by 19,441.2% during the second quarter. Laurel Wealth Advisors LLC now owns 1,215,465 shares of the company’s stock worth $237,526,000 after buying an additional 1,209,245 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in iShares S&P 500 Value ETF by 19.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,031,014 shares of the company’s stock valued at $591,818,000 after buying an additional 484,782 shares during the period. EP Wealth Advisors LLC increased its holdings in iShares S&P 500 Value ETF by 795.8% in the 2nd quarter. EP Wealth Advisors LLC now owns 373,966 shares of the company’s stock valued at $73,081,000 after buying an additional 332,218 shares during the period. Finally, MML Investors Services LLC raised its position in shares of iShares S&P 500 Value ETF by 19.9% in the 2nd quarter. MML Investors Services LLC now owns 1,396,052 shares of the company’s stock valued at $272,817,000 after buying an additional 231,828 shares in the last quarter.

iShares S&P 500 Value ETF Trading Up 0.8%

Shares of iShares S&P 500 Value ETF stock opened at $219.04 on Tuesday. The company has a market cap of $49.55 billion, a PE ratio of 20.70 and a beta of 0.89. The company has a 50 day moving average of $214.16 and a 200-day moving average of $207.75. iShares S&P 500 Value ETF has a 1-year low of $165.45 and a 1-year high of $219.22.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.