Mainstream Capital Management LLC Buys New Shares in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Mainstream Capital Management LLC bought a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 856 shares of the company’s stock, valued at approximately $163,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Synergy Investment Management LLC bought a new position in shares of iShares S&P 500 Value ETF in the fourth quarter valued at $219,000. Steward Partners Investment Advisory LLC grew its stake in shares of iShares S&P 500 Value ETF by 1.3% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 54,131 shares of the company’s stock valued at $10,332,000 after buying an additional 709 shares in the last quarter. Detalus Advisors LLC grew its stake in shares of iShares S&P 500 Value ETF by 1.8% in the fourth quarter. Detalus Advisors LLC now owns 52,649 shares of the company’s stock valued at $10,050,000 after buying an additional 929 shares in the last quarter. Shared Vision Wealth Group LLC grew its stake in shares of iShares S&P 500 Value ETF by 2.4% in the fourth quarter. Shared Vision Wealth Group LLC now owns 16,563 shares of the company’s stock valued at $3,162,000 after buying an additional 396 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its stake in shares of iShares S&P 500 Value ETF by 32.2% in the fourth quarter. Jones Financial Companies Lllp now owns 264,511 shares of the company’s stock valued at $50,490,000 after buying an additional 64,420 shares in the last quarter.

iShares S&P 500 Value ETF Trading Down 0.9 %

NYSEARCA:IVE opened at $195.36 on Tuesday. The firm has a fifty day simple moving average of $194.55 and a 200 day simple moving average of $196.33. iShares S&P 500 Value ETF has a 1-year low of $176.09 and a 1-year high of $206.63. The stock has a market capitalization of $35.63 billion, a PE ratio of 22.47 and a beta of 0.95.

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.