iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Purchased by QRG Capital Management Inc.

QRG Capital Management Inc. grew its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 200.9% during the fourth quarter, Holdings Channel reports. The firm owned 5,419 shares of the company’s stock after acquiring an additional 3,618 shares during the quarter. QRG Capital Management Inc.’s holdings in iShares S&P 500 Value ETF were worth $1,034,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of IVE. Mirae Asset Global Investments Co. Ltd. grew its position in shares of iShares S&P 500 Value ETF by 162.3% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,017 shares of the company’s stock valued at $396,000 after buying an additional 1,248 shares during the last quarter. Lansing Street Advisors boosted its stake in iShares S&P 500 Value ETF by 12.5% in the third quarter. Lansing Street Advisors now owns 30,902 shares of the company’s stock valued at $6,093,000 after acquiring an additional 3,437 shares during the period. Roman Butler Fullerton & Co. acquired a new position in iShares S&P 500 Value ETF in the third quarter valued at approximately $1,700,000. World Equity Group Inc. grew its holdings in shares of iShares S&P 500 Value ETF by 38.2% during the third quarter. World Equity Group Inc. now owns 2,009 shares of the company’s stock valued at $396,000 after purchasing an additional 555 shares during the last quarter. Finally, Hazlett Burt & Watson Inc. raised its position in shares of iShares S&P 500 Value ETF by 16.7% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 3,985 shares of the company’s stock worth $786,000 after purchasing an additional 569 shares during the period.

iShares S&P 500 Value ETF Trading Down 0.9 %

Shares of NYSEARCA IVE opened at $195.36 on Tuesday. iShares S&P 500 Value ETF has a 12-month low of $176.09 and a 12-month high of $206.63. The company has a market cap of $35.63 billion, a price-to-earnings ratio of 22.47 and a beta of 0.95. The stock’s 50 day simple moving average is $194.55 and its 200 day simple moving average is $196.33.

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.