Stone House Investment Management LLC Acquires 2,696 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Stone House Investment Management LLC lifted its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.9% in the third quarter, Holdings Channel.com reports. The fund owned 72,474 shares of the company’s stock after purchasing an additional 2,696 shares during the period. iShares S&P 500 Value ETF comprises approximately 3.0% of Stone House Investment Management LLC’s portfolio, making the stock its 11th largest holding. Stone House Investment Management LLC’s holdings in iShares S&P 500 Value ETF were worth $14,290,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Sutton Place Investors LLC increased its position in shares of iShares S&P 500 Value ETF by 9.3% during the second quarter. Sutton Place Investors LLC now owns 5,704 shares of the company’s stock valued at $1,038,000 after buying an additional 483 shares during the period. NBC Securities Inc. boosted its position in iShares S&P 500 Value ETF by 33.3% during the 3rd quarter. NBC Securities Inc. now owns 2,148 shares of the company’s stock valued at $423,000 after acquiring an additional 536 shares in the last quarter. Financial Partners Group Inc grew its holdings in shares of iShares S&P 500 Value ETF by 2.7% during the 2nd quarter. Financial Partners Group Inc now owns 2,784 shares of the company’s stock worth $507,000 after acquiring an additional 74 shares during the period. Ausdal Financial Partners Inc. raised its position in shares of iShares S&P 500 Value ETF by 81.0% in the 3rd quarter. Ausdal Financial Partners Inc. now owns 46,203 shares of the company’s stock worth $9,110,000 after acquiring an additional 20,674 shares in the last quarter. Finally, Concourse Financial Group Securities Inc. lifted its stake in shares of iShares S&P 500 Value ETF by 7.0% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 53,260 shares of the company’s stock valued at $10,501,000 after purchasing an additional 3,500 shares during the period.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA IVE traded up $1.07 during mid-day trading on Wednesday, hitting $206.31. 42,766 shares of the stock traded hands, compared to its average volume of 661,860. The company has a market cap of $36.96 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The stock has a fifty day moving average price of $198.38 and a 200-day moving average price of $190.83. iShares S&P 500 Value ETF has a 52 week low of $163.68 and a 52 week high of $206.47.

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.