iShares S&P 500 Value ETF (NYSEARCA:IVE) is Patriot Financial Group Insurance Agency LLC’s 3rd Largest Position

Patriot Financial Group Insurance Agency LLC raised its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.4% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 91,818 shares of the company’s stock after purchasing an additional 3,038 shares during the period. iShares S&P 500 Value ETF accounts for approximately 2.4% of Patriot Financial Group Insurance Agency LLC’s holdings, making the stock its 3rd biggest position. Patriot Financial Group Insurance Agency LLC owned 0.05% of iShares S&P 500 Value ETF worth $18,104,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Founders Financial Securities LLC boosted its stake in shares of iShares S&P 500 Value ETF by 24.1% during the first quarter. Founders Financial Securities LLC now owns 2,938 shares of the company’s stock valued at $549,000 after purchasing an additional 571 shares in the last quarter. Aviance Capital Partners LLC purchased a new position in shares of iShares S&P 500 Value ETF during the first quarter worth $204,000. Diversified Trust Co raised its holdings in shares of iShares S&P 500 Value ETF by 3.9% during the first quarter. Diversified Trust Co now owns 3,335 shares of the company’s stock worth $623,000 after purchasing an additional 124 shares during the last quarter. Claro Advisors LLC increased its holdings in iShares S&P 500 Value ETF by 2.0% in the first quarter. Claro Advisors LLC now owns 3,033 shares of the company’s stock valued at $567,000 after buying an additional 60 shares in the last quarter. Finally, Capital Advisors Ltd. LLC grew its position in shares of iShares S&P 500 Value ETF by 8.7% in the first quarter. Capital Advisors Ltd. LLC now owns 37,588 shares of the company’s stock valued at $7,022,000 after purchasing an additional 2,996 shares during the period.

iShares S&P 500 Value ETF Stock Up 0.6 %

Shares of NYSEARCA IVE traded up $1.21 during trading on Monday, hitting $197.53. The company had a trading volume of 102,206 shares, compared to its average volume of 679,939. The stock has a fifty day simple moving average of $195.65 and a two-hundred day simple moving average of $187.77. iShares S&P 500 Value ETF has a fifty-two week low of $148.33 and a fifty-two week high of $201.08. The firm has a market capitalization of $35.39 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

iShares S&P 500 Value ETF 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.