iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Bought by Rehmann Capital Advisory Group

Rehmann Capital Advisory Group increased its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 19.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 556,304 shares of the company’s stock after buying an additional 89,196 shares during the period. iShares S&P 500 Value ETF comprises about 7.2% of Rehmann Capital Advisory Group’s investment portfolio, making the stock its largest position. Rehmann Capital Advisory Group owned approximately 0.31% of iShares S&P 500 Value ETF worth $109,715,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Sutton Place Investors LLC lifted its holdings in iShares S&P 500 Value ETF by 9.3% in the second quarter. Sutton Place Investors LLC now owns 5,704 shares of the company’s stock worth $1,038,000 after acquiring an additional 483 shares during the last quarter. NBC Securities Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 33.3% in the 3rd quarter. NBC Securities Inc. now owns 2,148 shares of the company’s stock worth $423,000 after purchasing an additional 536 shares during the last quarter. Financial Partners Group Inc boosted its position in iShares S&P 500 Value ETF by 2.7% during the 2nd quarter. Financial Partners Group Inc now owns 2,784 shares of the company’s stock valued at $507,000 after purchasing an additional 74 shares during the period. Ausdal Financial Partners Inc. grew its stake in iShares S&P 500 Value ETF by 81.0% during the 3rd quarter. Ausdal Financial Partners Inc. now owns 46,203 shares of the company’s stock worth $9,110,000 after buying an additional 20,674 shares during the last quarter. Finally, Concourse Financial Group Securities Inc. increased its position in iShares S&P 500 Value ETF by 7.0% in the third quarter. Concourse Financial Group Securities Inc. now owns 53,260 shares of the company’s stock worth $10,501,000 after buying an additional 3,500 shares during the period.

iShares S&P 500 Value ETF Trading Down 0.4 %

Shares of NYSEARCA:IVE opened at $200.04 on Wednesday. The firm’s 50 day moving average is $199.73 and its two-hundred day moving average is $192.00. The firm has a market capitalization of $35.84 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 52 week low of $167.14 and a 52 week high of $206.63.

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.