iShares S&P 500 Value ETF $IVE Stock: Moors & Cabot Inc. Raises Holdings

Moors & Cabot Inc. increased its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 50.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,083 shares of the company’s stock after buying an additional 3,052 shares during the period. Moors & Cabot Inc.’s holdings in iShares S&P 500 Value ETF were worth $2,073,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company bought a new position in shares of iShares S&P 500 Value ETF in the 1st quarter valued at about $92,702,000. Bank of America Corp DE raised its holdings in shares of iShares S&P 500 Value ETF by 2.0% in the 1st quarter. Bank of America Corp DE now owns 9,457,775 shares of the company’s stock valued at $1,997,009,000 after purchasing an additional 182,358 shares during the period. Kestra Advisory Services LLC raised its holdings in shares of iShares S&P 500 Value ETF by 43.7% in the 3rd quarter. Kestra Advisory Services LLC now owns 540,689 shares of the company’s stock valued at $123,428,000 after purchasing an additional 164,404 shares during the period. Lido Advisors LLC raised its holdings in shares of iShares S&P 500 Value ETF by 5.8% in the 3rd quarter. Lido Advisors LLC now owns 2,252,447 shares of the company’s stock valued at $514,190,000 after purchasing an additional 122,809 shares during the period. Finally, Scarborough Advisors LLC bought a new stake in shares of iShares S&P 500 Value ETF in the 1st quarter valued at about $19,329,000.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA:IVE traded up $0.48 during mid-day trading on Friday, hitting $242.16. The stock had a trading volume of 818,347 shares, compared to its average volume of 969,202. iShares S&P 500 Value ETF has a twelve month low of $203.15 and a twelve month high of $244.72. The stock has a market cap of $51.66 billion, a price-to-earnings ratio of 22.47 and a beta of 0.82. The company’s 50 day simple moving average is $235.31 and its 200 day simple moving average is $227.30.

About iShares S&P 500 Value ETF

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.