Summit Global Investments Acquires 3,093 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Summit Global Investments grew its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 266.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,256 shares of the company’s stock after purchasing an additional 3,093 shares during the quarter. Summit Global Investments’ holdings in iShares S&P 500 Value ETF were worth $839,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Northwest Investment Counselors LLC bought a new stake in iShares S&P 500 Value ETF in the third quarter valued at $31,000. Valued Wealth Advisors LLC bought a new stake in iShares S&P 500 Value ETF in the 3rd quarter valued at about $35,000. Addison Advisors LLC increased its position in iShares S&P 500 Value ETF by 50.0% in the 2nd quarter. Addison Advisors LLC now owns 279 shares of the company’s stock valued at $51,000 after buying an additional 93 shares in the last quarter. TruNorth Capital Management LLC acquired a new position in iShares S&P 500 Value ETF during the 2nd quarter worth approximately $65,000. Finally, Avondale Wealth Management boosted its holdings in iShares S&P 500 Value ETF by 24.8% in the second quarter. Avondale Wealth Management now owns 362 shares of the company’s stock worth $66,000 after acquiring an additional 72 shares in the last quarter.

iShares S&P 500 Value ETF Stock Up 0.6 %

NYSEARCA IVE opened at $201.82 on Friday. iShares S&P 500 Value ETF has a 52 week low of $155.79 and a 52 week high of $202.44. The business has a 50 day moving average price of $196.49 and a 200-day moving average price of $188.96. The company has a market cap of $36.16 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

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.