Lantz Financial LLC Acquires 2,791 Shares of iShares S&P 500 Value ETF $IVE

Lantz Financial LLC increased its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 11.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 27,407 shares of the company’s stock after buying an additional 2,791 shares during the period. iShares S&P 500 Value ETF accounts for 1.3% of Lantz Financial LLC’s investment portfolio, making the stock its 18th biggest position. Lantz Financial LLC’s holdings in iShares S&P 500 Value ETF were worth $5,660,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. United Services Automobile Association bought a new stake in shares of iShares S&P 500 Value ETF during the 2nd quarter valued at $26,000. Harbor Asset Planning Inc. bought a new position in iShares S&P 500 Value ETF in the 2nd quarter worth about $30,000. Tripletail Wealth Management LLC purchased a new position in iShares S&P 500 Value ETF during the 3rd quarter valued at about $37,000. Rossmore Private Capital bought a new stake in shares of iShares S&P 500 Value ETF during the third quarter valued at about $44,000. Finally, Cloud Capital Management LLC bought a new stake in shares of iShares S&P 500 Value ETF during the third quarter valued at about $45,000.

iShares S&P 500 Value ETF Trading Up 1.4%

IVE stock opened at $222.07 on Friday. The firm has a 50 day moving average of $214.92 and a 200-day moving average of $208.30. iShares S&P 500 Value ETF has a 12 month low of $165.45 and a 12 month high of $222.31. The firm has a market capitalization of $50.17 billion, a P/E ratio of 20.70 and a beta of 0.89.

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.