Mesirow Financial Investment Management Inc. Acquires 508 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Mesirow Financial Investment Management Inc. grew its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 99,305 shares of the company’s stock after buying an additional 508 shares during the quarter. Mesirow Financial Investment Management Inc.’s holdings in iShares S&P 500 Value ETF were worth $18,075,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of IVE. JPMorgan Chase & Co. raised its stake in iShares S&P 500 Value ETF by 5.1% in the 1st quarter. JPMorgan Chase & Co. now owns 17,776,089 shares of the company’s stock valued at $3,320,751,000 after acquiring an additional 861,704 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of iShares S&P 500 Value ETF by 3.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,380,397 shares of the company’s stock worth $2,253,356,000 after buying an additional 420,007 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of iShares S&P 500 Value ETF by 0.3% during the 4th quarter. Wells Fargo & Company MN now owns 7,565,945 shares of the company’s stock worth $1,315,642,000 after buying an additional 25,641 shares during the period. LPL Financial LLC raised its holdings in iShares S&P 500 Value ETF by 4.9% in the 2nd quarter. LPL Financial LLC now owns 4,258,617 shares of the company’s stock valued at $775,111,000 after acquiring an additional 200,427 shares during the period. Finally, Stifel Financial Corp lifted its position in iShares S&P 500 Value ETF by 1.2% during the fourth quarter. Stifel Financial Corp now owns 2,195,335 shares of the company’s stock worth $381,746,000 after acquiring an additional 25,246 shares during the last quarter.

iShares S&P 500 Value ETF Trading Up 0.6 %

iShares S&P 500 Value ETF stock opened at $194.26 on Monday. The company has a market capitalization of $34.80 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The stock’s 50 day moving average is $189.39 and its 200-day moving average is $184.79. iShares S&P 500 Value ETF has a 12 month low of $147.23 and a 12 month high of $196.36.

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.