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:IVEFree Report) 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

(Free Report)

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.

See Also

Want to see what other hedge funds are holding IVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Value ETF (NYSEARCA:IVEFree Report).

Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

Receive News & Ratings for iShares S&P 500 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares S&P 500 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.