Lbmc Investment Advisors LLC Acquires 63 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Lbmc Investment Advisors LLC boosted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 50,621 shares of the company’s stock after purchasing an additional 63 shares during the quarter. iShares S&P 500 Value ETF comprises 0.8% of Lbmc Investment Advisors LLC’s investment portfolio, making the stock its 23rd biggest position. Lbmc Investment Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $9,662,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. International Assets Investment Management LLC boosted its stake in shares of iShares S&P 500 Value ETF by 18,046.1% in the 3rd quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock valued at $262,938,000 after purchasing an additional 1,326,211 shares in the last quarter. Sanctuary Advisors LLC bought a new position in iShares S&P 500 Value ETF in the 2nd quarter valued at approximately $82,555,000. USA Financial Formulas bought a new position in iShares S&P 500 Value ETF in the 4th quarter valued at approximately $77,191,000. The Manufacturers Life Insurance Company boosted its position in iShares S&P 500 Value ETF by 43.2% in the second quarter. The Manufacturers Life Insurance Company now owns 918,220 shares of the company’s stock valued at $167,125,000 after buying an additional 277,110 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its stake in shares of iShares S&P 500 Value ETF by 7.6% during the third quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock worth $389,537,000 after buying an additional 139,651 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:IVE opened at $194.09 on Friday. iShares S&P 500 Value ETF has a 52-week low of $170.13 and a 52-week high of $206.63. The company has a market capitalization of $34.77 billion, a PE ratio of 23.79 and a beta of 0.81. The company has a fifty day moving average of $196.93 and a 200-day moving average of $194.06.

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.