Oppenheimer & Co. Inc. Acquires 12,049 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Oppenheimer & Co. Inc. lifted its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 119.9% in the second quarter, Holdings Channel reports. The fund owned 22,100 shares of the company’s stock after purchasing an additional 12,049 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in iShares S&P 500 Value ETF were worth $4,022,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. D.A. Davidson & CO. grew its holdings in iShares S&P 500 Value ETF by 0.6% during the 4th quarter. D.A. Davidson & CO. now owns 18,017 shares of the company’s stock valued at $3,133,000 after purchasing an additional 110 shares during the last quarter. Sachetta LLC purchased a new position in iShares S&P 500 Value ETF in the 4th quarter worth about $1,723,000. BKM Wealth Management LLC lifted its holdings in iShares S&P 500 Value ETF by 2.9% during the 1st quarter. BKM Wealth Management LLC now owns 63,882 shares of the company’s stock valued at $11,934,000 after buying an additional 1,802 shares in the last quarter. Focus Financial Network Inc. ADV bought a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter valued at approximately $7,322,000. Finally, Sutton Place Investors LLC grew its stake in iShares S&P 500 Value ETF by 9.3% in the second quarter. Sutton Place Investors LLC now owns 5,704 shares of the company’s stock worth $1,038,000 after purchasing an additional 483 shares in the last quarter.

iShares S&P 500 Value ETF Stock Up 0.6 %

Shares of NYSEARCA IVE opened at $194.26 on Friday. iShares S&P 500 Value ETF has a twelve month low of $147.23 and a twelve month high of $196.36. The firm has a market cap of $34.80 billion, a PE ratio of 23.79 and a beta of 0.81. The business has a fifty day simple moving average of $189.39 and a two-hundred day simple moving average of $184.75.

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.