Moors & Cabot Inc. Grows Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Moors & Cabot Inc. lifted its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 8.2% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,075 shares of the company’s stock after purchasing an additional 157 shares during the quarter. Moors & Cabot Inc.’s holdings in iShares S&P 500 Value ETF were worth $378,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Palisade Asset Management LLC purchased a new position in shares of iShares S&P 500 Value ETF in the 1st quarter worth about $26,000. Vima LLC bought a new position in shares of iShares S&P 500 Value ETF in the fourth quarter worth approximately $27,000. CarsonAllaria Wealth Management Ltd. grew its holdings in shares of iShares S&P 500 Value ETF by 289.5% during the first quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock valued at $28,000 after buying an additional 110 shares during the last quarter. Northwest Investment Counselors LLC bought a new stake in shares of iShares S&P 500 Value ETF during the first quarter valued at approximately $29,000. Finally, Fortis Group Advisors LLC raised its holdings in iShares S&P 500 Value ETF by 100.0% in the 4th quarter. Fortis Group Advisors LLC now owns 200 shares of the company’s stock worth $35,000 after acquiring an additional 100 shares during the last quarter.

iShares S&P 500 Value ETF Trading Down 0.2 %

Shares of IVE opened at $196.26 on Friday. iShares S&P 500 Value ETF has a 12 month low of $147.23 and a 12 month high of $197.39. The business’s fifty day simple moving average is $190.63 and its two-hundred day simple moving average is $185.27. The company has a market cap of $35.16 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

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.