Vestmark Advisory Solutions Inc. Has $27.25 Million Position in iShares S&P 500 Value ETF $IVE

Vestmark Advisory Solutions Inc. boosted its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 273.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 128,492 shares of the company’s stock after buying an additional 94,099 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in iShares S&P 500 Value ETF were worth $27,249,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Brighton Jones LLC increased its position in iShares S&P 500 Value ETF by 0.8% in the 4th quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock valued at $2,679,000 after acquiring an additional 112 shares during the period. Great Lakes Advisors LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 6,385.7% during the first quarter. Great Lakes Advisors LLC now owns 454 shares of the company’s stock worth $83,000 after purchasing an additional 447 shares during the period. Schnieders Capital Management LLC. bought a new stake in shares of iShares S&P 500 Value ETF in the second quarter worth $550,000. Russell Investments Group Ltd. grew its stake in shares of iShares S&P 500 Value ETF by 28.8% in the second quarter. Russell Investments Group Ltd. now owns 2,131 shares of the company’s stock worth $416,000 after purchasing an additional 477 shares during the last quarter. Finally, First Trust Advisors LP increased its holdings in iShares S&P 500 Value ETF by 2.8% in the second quarter. First Trust Advisors LP now owns 26,527 shares of the company’s stock valued at $5,184,000 after purchasing an additional 731 shares during the period.

iShares S&P 500 Value ETF Stock Up 0.2%

Shares of NYSEARCA:IVE opened at $226.15 on Friday. The firm has a market cap of $49.93 billion, a P/E ratio of 20.70 and a beta of 0.83. iShares S&P 500 Value ETF has a 12-month low of $185.34 and a 12-month high of $226.24. The business has a fifty day simple moving average of $217.37 and a 200 day simple moving average of $215.69.

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.