Bank of Stockton Grows Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Bank of Stockton increased its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.5% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 54,261 shares of the company’s stock after acquiring an additional 1,854 shares during the period. iShares S&P 500 Value ETF comprises approximately 3.1% of Bank of Stockton’s investment portfolio, making the stock its 6th largest holding. Bank of Stockton’s holdings in iShares S&P 500 Value ETF were worth $10,357,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of IVE. Alpha Financial Partners LLC bought a new stake in iShares S&P 500 Value ETF in the third quarter valued at approximately $7,385,000. Sequoia Financial Advisors LLC raised its stake in iShares S&P 500 Value ETF by 5.3% in the third quarter. Sequoia Financial Advisors LLC now owns 12,873 shares of the company’s stock valued at $2,538,000 after buying an additional 651 shares during the period. Elevated Capital Advisors LLC bought a new stake in iShares S&P 500 Value ETF in the third quarter valued at approximately $481,000. McAdam LLC raised its stake in iShares S&P 500 Value ETF by 6.8% in the third quarter. McAdam LLC now owns 1,396 shares of the company’s stock valued at $275,000 after buying an additional 89 shares during the period. Finally, International Assets Investment Management LLC raised its stake in iShares S&P 500 Value ETF by 18,046.1% in the third quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock valued at $262,938,000 after buying an additional 1,326,211 shares during the period.

iShares S&P 500 Value ETF Stock Down 0.1 %

NYSEARCA:IVE opened at $198.47 on Friday. The firm has a market capitalization of $36.20 billion, a price-to-earnings ratio of 22.47 and a beta of 0.95. iShares S&P 500 Value ETF has a 12-month low of $176.09 and a 12-month high of $206.63. The stock’s 50 day moving average price is $194.17 and its two-hundred day moving average price is $195.67.

About iShares S&P 500 Value ETF

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.