Trek Financial LLC Acquires 2,813 Shares of iShares S&P 500 Value ETF $IVE

Trek Financial LLC lifted its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 105,033 shares of the company’s stock after acquiring an additional 2,813 shares during the period. iShares S&P 500 Value ETF makes up about 1.1% of Trek Financial LLC’s portfolio, making the stock its 16th largest holding. Trek Financial LLC’s holdings in iShares S&P 500 Value ETF were worth $23,977,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in IVE. True Freedom Investing LLC bought a new position in iShares S&P 500 Value ETF during the 3rd quarter worth $366,000. Bank Julius Baer & Co. Ltd Zurich acquired a new stake in iShares S&P 500 Value ETF during the 3rd quarter valued at approximately $1,599,000. Pinkerton Wealth LLC bought a new position in iShares S&P 500 Value ETF during the 3rd quarter worth approximately $366,000. Vise Technologies Inc. lifted its position in shares of iShares S&P 500 Value ETF by 42.8% in the 3rd quarter. Vise Technologies Inc. now owns 217,838 shares of the company’s stock worth $49,728,000 after purchasing an additional 65,252 shares during the period. Finally, Investment Partners LTD. boosted its stake in shares of iShares S&P 500 Value ETF by 93.2% in the 3rd quarter. Investment Partners LTD. now owns 47,298 shares of the company’s stock valued at $10,797,000 after purchasing an additional 22,811 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA IVE opened at $239.53 on Monday. iShares S&P 500 Value ETF has a 12-month low of $203.15 and a 12-month high of $241.38. The firm has a market cap of $50.72 billion, a PE ratio of 20.70 and a beta of 0.83. The company’s fifty day simple moving average is $234.73 and its 200 day simple moving average is $226.13.

iShares S&P 500 Value ETF 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.