Brown Brothers Harriman & Co. lifted its position in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 2.9% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 12,979 shares of the company’s stock after purchasing an additional 370 shares during the period. Brown Brothers Harriman & Co.’s holdings in iShares S&P 500 Value ETF were worth $2,477,000 at the end of the most recent reporting period.
A number of other large investors also recently modified their holdings of IVE. Raymond James Financial Inc. purchased a new stake in iShares S&P 500 Value ETF in the 4th quarter worth approximately $311,273,000. USA Financial Formulas purchased a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter worth $77,191,000. Davis Selected Advisers raised its position in shares of iShares S&P 500 Value ETF by 1,452.8% in the fourth quarter. Davis Selected Advisers now owns 197,175 shares of the company’s stock worth $37,637,000 after buying an additional 184,477 shares in the last quarter. PNC Financial Services Group Inc. grew its position in iShares S&P 500 Value ETF by 8.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,142,670 shares of the company’s stock worth $408,993,000 after buying an additional 167,028 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC grew its position in iShares S&P 500 Value ETF by 28.7% during the third quarter. Kovitz Investment Group Partners LLC now owns 613,456 shares of the company’s stock worth $120,955,000 after buying an additional 136,769 shares in the last quarter.
iShares S&P 500 Value ETF Stock Down 1.5 %
NYSEARCA:IVE opened at $188.79 on Friday. 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 market cap of $36.76 billion, a P/E ratio of 21.80 and a beta of 0.94. The business’s 50-day moving average price is $194.16 and its two-hundred day moving average price is $195.97.
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.
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Want to see what other hedge funds are holding IVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report).
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