Latitude Advisors LLC Increases Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Latitude Advisors LLC boosted its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 9.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,817 shares of the company’s stock after purchasing an additional 160 shares during the period. Latitude Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $347,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. International Assets Investment Management LLC raised its holdings in iShares S&P 500 Value ETF by 18,046.1% during the third quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock valued at $262,938,000 after acquiring an additional 1,326,211 shares during the period. USA Financial Formulas purchased a new position in shares of iShares S&P 500 Value ETF during the 4th quarter worth about $77,191,000. PNC Financial Services Group Inc. lifted its stake in shares of iShares S&P 500 Value ETF by 7.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock worth $389,537,000 after acquiring an additional 139,651 shares during the last quarter. Kovitz Investment Group Partners LLC grew its holdings in shares of iShares S&P 500 Value ETF by 28.7% in the third quarter. Kovitz Investment Group Partners LLC now owns 613,456 shares of the company’s stock worth $120,955,000 after purchasing an additional 136,769 shares during the last quarter. Finally, World Investment Advisors LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 1,511.5% in the third quarter. World Investment Advisors LLC now owns 112,303 shares of the company’s stock valued at $22,220,000 after purchasing an additional 105,334 shares during the period.

iShares S&P 500 Value ETF Price Performance

Shares of iShares S&P 500 Value ETF stock opened at $195.30 on Tuesday. The stock has a market cap of $34.99 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The firm’s 50-day moving average is $195.01 and its two-hundred day moving average is $195.26. iShares S&P 500 Value ETF has a 1 year low of $173.01 and a 1 year high of $206.63.

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.