10,000 Shares in iShares S&P 500 Value ETF (NYSEARCA:IVE) Acquired by Birnam Oak Advisors LP

Birnam Oak Advisors LP bought a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 10,000 shares of the company’s stock, valued at approximately $1,909,000. iShares S&P 500 Value ETF comprises 0.9% of Birnam Oak Advisors LP’s investment portfolio, making the stock its 20th biggest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Stifel Financial Corp lifted its stake in iShares S&P 500 Value ETF by 2.5% in the third quarter. Stifel Financial Corp now owns 2,488,560 shares of the company’s stock valued at $490,670,000 after buying an additional 60,868 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in iShares S&P 500 Value ETF by 8.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,142,670 shares of the company’s stock valued at $408,993,000 after buying an additional 167,028 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $311,273,000. Envestnet Portfolio Solutions Inc. lifted its stake in iShares S&P 500 Value ETF by 3.4% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 1,527,973 shares of the company’s stock valued at $291,659,000 after buying an additional 49,640 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its stake in iShares S&P 500 Value ETF by 8.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 999,059 shares of the company’s stock valued at $190,700,000 after buying an additional 73,706 shares during the last quarter.

iShares S&P 500 Value ETF Trading Up 1.1 %

Shares of NYSEARCA IVE opened at $190.88 on Tuesday. iShares S&P 500 Value ETF has a twelve month low of $176.09 and a twelve month high of $206.63. The stock has a 50 day moving average of $194.26 and a two-hundred day moving average of $196.19. The stock has a market cap of $37.08 billion, a P/E ratio of 22.06 and a beta of 0.94.

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.