Park Avenue Securities LLC Boosts Stock Holdings in iShares S&P 500 Value ETF $IVE

Park Avenue Securities LLC lifted its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 40.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,467,550 shares of the company’s stock after buying an additional 710,518 shares during the quarter. iShares S&P 500 Value ETF comprises about 4.4% of Park Avenue Securities LLC’s holdings, making the stock its 2nd largest position. Park Avenue Securities LLC owned 1.09% of iShares S&P 500 Value ETF worth $523,293,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of IVE. REAP Financial Group LLC lifted its holdings in iShares S&P 500 Value ETF by 9.7% in the third quarter. REAP Financial Group LLC now owns 542 shares of the company’s stock valued at $112,000 after buying an additional 48 shares during the period. Dumont & Blake Investment Advisors LLC grew its holdings in iShares S&P 500 Value ETF by 0.5% during the 3rd quarter. Dumont & Blake Investment Advisors LLC now owns 10,795 shares of the company’s stock worth $2,229,000 after acquiring an additional 49 shares during the period. Signal Advisors Wealth LLC grew its holdings in iShares S&P 500 Value ETF by 0.6% during the 3rd quarter. Signal Advisors Wealth LLC now owns 9,010 shares of the company’s stock worth $1,861,000 after acquiring an additional 51 shares during the period. Rossby Financial LCC raised its position in shares of iShares S&P 500 Value ETF by 7.5% in the 3rd quarter. Rossby Financial LCC now owns 757 shares of the company’s stock worth $157,000 after acquiring an additional 53 shares in the last quarter. Finally, CPC Advisors LLC raised its position in shares of iShares S&P 500 Value ETF by 4.9% in the 3rd quarter. CPC Advisors LLC now owns 1,255 shares of the company’s stock worth $259,000 after acquiring an additional 59 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA:IVE opened at $209.72 on Friday. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year high of $223.05. The business’s 50-day moving average is $217.92 and its 200-day moving average is $211.86. The company has a market capitalization of $47.38 billion, a price-to-earnings 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. 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.