International Assets Investment Management LLC Boosts Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

International Assets Investment Management LLC raised its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 18,046.1% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 1,333,560 shares of the company’s stock after acquiring an additional 1,326,211 shares during the period. International Assets Investment Management LLC’s holdings in iShares S&P 500 Value ETF were worth $262,938,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Palisade Asset Management LLC acquired a new position in iShares S&P 500 Value ETF in the first quarter valued at approximately $26,000. CarsonAllaria Wealth Management Ltd. increased its holdings in shares of iShares S&P 500 Value ETF by 289.5% during the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock valued at $28,000 after purchasing an additional 110 shares in the last quarter. Northwest Investment Counselors LLC acquired a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter valued at $31,000. Addison Advisors LLC boosted its holdings in iShares S&P 500 Value ETF by 50.0% during the second quarter. Addison Advisors LLC now owns 279 shares of the company’s stock worth $51,000 after buying an additional 93 shares in the last quarter. Finally, TruNorth Capital Management LLC acquired a new stake in iShares S&P 500 Value ETF during the second quarter valued at $65,000.

iShares S&P 500 Value ETF Stock Performance

Shares of iShares S&P 500 Value ETF stock opened at $197.79 on Friday. The firm has a 50-day simple moving average of $195.36 and a two-hundred day simple moving average of $187.54. iShares S&P 500 Value ETF has a fifty-two week low of $147.23 and a fifty-two week high of $201.08. The company has a market cap of $35.43 billion, a P/E ratio of 23.79 and a beta of 0.81.

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.