iShares S&P 500 Value ETF (NYSEARCA:IVE) Stock Position Boosted by Sage Mountain Advisors LLC

Sage Mountain Advisors LLC raised its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 40.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,986 shares of the company’s stock after buying an additional 857 shares during the period. Sage Mountain Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $570,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Chesapeake Wealth Management lifted its holdings in shares of iShares S&P 500 Value ETF by 3.8% in the third quarter. Chesapeake Wealth Management now owns 1,382 shares of the company’s stock valued at $272,000 after buying an additional 50 shares during the period. West Coast Financial LLC lifted its holdings in iShares S&P 500 Value ETF by 0.3% in the 4th quarter. West Coast Financial LLC now owns 16,432 shares of the company’s stock valued at $3,137,000 after acquiring an additional 53 shares during the last quarter. SWP Financial LLC lifted its holdings in iShares S&P 500 Value ETF by 0.4% in the 4th quarter. SWP Financial LLC now owns 12,799 shares of the company’s stock valued at $2,443,000 after acquiring an additional 54 shares during the last quarter. Roble Belko & Company Inc boosted its position in shares of iShares S&P 500 Value ETF by 0.5% during the 4th quarter. Roble Belko & Company Inc now owns 11,238 shares of the company’s stock valued at $2,145,000 after purchasing an additional 57 shares in the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its stake in shares of iShares S&P 500 Value ETF by 1.6% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 3,788 shares of the company’s stock worth $723,000 after purchasing an additional 59 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

IVE stock opened at $188.32 on Wednesday. The firm has a market cap of $36.58 billion, a PE ratio of 22.06 and a beta of 0.94. iShares S&P 500 Value ETF has a 12 month low of $176.09 and a 12 month high of $206.63. The firm has a 50 day simple moving average of $194.48 and a 200 day simple moving average of $196.36.

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.