Ellis Investment Partners LLC Boosts Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Ellis Investment Partners LLC increased its stake in iShares S&P 500 Value ETF (NYSEARCA:IVEFree Report) by 3.2% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 15,583 shares of the company’s stock after buying an additional 490 shares during the period. Ellis Investment Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $3,073,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. 180 Wealth Advisors LLC purchased a new stake in iShares S&P 500 Value ETF during the 1st quarter valued at $208,000. Founders Financial Securities LLC boosted its stake in iShares S&P 500 Value ETF by 24.1% during the 1st quarter. Founders Financial Securities LLC now owns 2,938 shares of the company’s stock valued at $549,000 after purchasing an additional 571 shares during the last quarter. Trilogy Capital Inc. boosted its stake in iShares S&P 500 Value ETF by 8.7% during the 1st quarter. Trilogy Capital Inc. now owns 8,354 shares of the company’s stock valued at $1,561,000 after purchasing an additional 670 shares during the last quarter. Pettinga Financial Advisors LLC purchased a new stake in iShares S&P 500 Value ETF during the 1st quarter valued at $13,261,000. Finally, Aviance Capital Partners LLC purchased a new stake in iShares S&P 500 Value ETF during the 1st quarter valued at $204,000.

iShares S&P 500 Value ETF Trading Down 0.7 %

IVE traded down $1.47 during trading on Friday, hitting $196.32. 966,985 shares of the company’s stock traded hands, compared to its average volume of 682,731. The company’s 50 day simple moving average is $195.65 and its two-hundred day simple moving average is $187.73. iShares S&P 500 Value ETF has a 12-month low of $147.23 and a 12-month high of $201.08. The stock has a market capitalization of $35.17 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

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.

Recommended Stories

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.