iShares S&P 500 Value ETF $IVE Shares Bought by Strategic Point Investment Advisors LLC

Strategic Point Investment Advisors LLC grew its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 245,027 shares of the company’s stock after purchasing an additional 3,286 shares during the period. iShares S&P 500 Value ETF comprises approximately 7.5% of Strategic Point Investment Advisors LLC’s investment portfolio, making the stock its 4th largest holding. Strategic Point Investment Advisors LLC owned 0.11% of iShares S&P 500 Value ETF worth $51,737,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Daviman Financial LLC increased its holdings in shares of iShares S&P 500 Value ETF by 2.5% during the 1st quarter. Daviman Financial LLC now owns 51,252 shares of the company’s stock valued at $10,822,000 after purchasing an additional 1,256 shares in the last quarter. Caliber Wealth Management LLC KS lifted its stake in shares of iShares S&P 500 Value ETF by 1.2% in the 1st quarter. Caliber Wealth Management LLC KS now owns 27,466 shares of the company’s stock valued at $5,799,000 after purchasing an additional 322 shares during the period. Powell Investment Advisors LLC boosted its holdings in iShares S&P 500 Value ETF by 1.6% during the first quarter. Powell Investment Advisors LLC now owns 157,994 shares of the company’s stock worth $33,360,000 after buying an additional 2,414 shares in the last quarter. Flagstar Advisors Inc. boosted its holdings in iShares S&P 500 Value ETF by 1.9% during the first quarter. Flagstar Advisors Inc. now owns 24,445 shares of the company’s stock worth $5,162,000 after buying an additional 448 shares in the last quarter. Finally, Next Level Private LLC purchased a new stake in iShares S&P 500 Value ETF during the first quarter worth $240,000.

iShares S&P 500 Value ETF Stock Performance

IVE stock opened at $227.06 on Wednesday. iShares S&P 500 Value ETF has a one year low of $193.90 and a one year high of $230.05. The firm’s fifty day moving average is $225.37 and its 200 day moving average is $219.18. The firm has a market cap of $50.13 billion, a PE ratio of 20.70 and a beta of 0.82.

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.