UBS Group AG Raises Holdings in iShares S&P 500 Value ETF $IVE

UBS Group AG raised its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.0% in the third quarter, Holdings Channel.com reports. The institutional investor owned 3,604,778 shares of the company’s stock after purchasing an additional 37,372 shares during the quarter. UBS Group AG’s holdings in iShares S&P 500 Value ETF were worth $744,423,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. United Services Automobile Association purchased a new position in iShares S&P 500 Value ETF in the 2nd quarter worth approximately $26,000. Center for Financial Planning Inc. purchased a new stake in shares of iShares S&P 500 Value ETF in the third quarter valued at approximately $32,000. Tripletail Wealth Management LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the third quarter valued at approximately $37,000. Rossmore Private Capital acquired a new stake in shares of iShares S&P 500 Value ETF in the third quarter valued at approximately $44,000. Finally, Cloud Capital Management LLC purchased a new position in iShares S&P 500 Value ETF during the third quarter worth approximately $45,000.

iShares S&P 500 Value ETF Trading Up 0.4%

NYSEARCA IVE traded up $0.83 on Friday, reaching $212.74. 208,726 shares of the company were exchanged, compared to its average volume of 1,279,024. The business’s fifty day moving average price is $218.25 and its 200 day moving average price is $211.58. The stock has a market capitalization of $48.06 billion, a P/E ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a fifty-two week low of $165.45 and a fifty-two week high of $223.05.

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. 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.