Cooper Financial Group Buys 88 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Cooper Financial Group increased its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,708 shares of the company’s stock after acquiring an additional 88 shares during the quarter. Cooper Financial Group’s holdings in iShares S&P 500 Value ETF were worth $493,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Financial Counselors Inc. raised its stake in iShares S&P 500 Value ETF by 0.7% during the 4th quarter. Financial Counselors Inc. now owns 10,184 shares of the company’s stock valued at $1,771,000 after purchasing an additional 71 shares during the period. Cerity Partners LLC lifted its position in iShares S&P 500 Value ETF by 11.0% in the fourth quarter. Cerity Partners LLC now owns 79,267 shares of the company’s stock worth $13,783,000 after buying an additional 7,834 shares during the last quarter. Tennessee Valley Asset Management Partners bought a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter worth about $69,000. Birch Hill Investment Advisors LLC bought a new stake in iShares S&P 500 Value ETF in the fourth quarter worth about $209,000. Finally, NewEdge Wealth LLC purchased a new position in iShares S&P 500 Value ETF during the 4th quarter valued at $547,000.

iShares S&P 500 Value ETF Stock Up 0.5 %

NYSEARCA:IVE traded up $0.95 during mid-day trading on Tuesday, reaching $186.08. The company’s stock had a trading volume of 179,690 shares, compared to its average volume of 753,921. The stock has a fifty day moving average of $184.44 and a 200-day moving average of $182.09. iShares S&P 500 Value ETF has a 1 year low of $147.23 and a 1 year high of $191.93. The firm has a market capitalization of $33.34 billion, a PE 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.