SeaBridge Investment Advisors LLC Purchases New Shares in iShares S&P 500 Value ETF $IVE

SeaBridge Investment Advisors LLC acquired a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 6,600 shares of the company’s stock, valued at approximately $1,290,000.

Other large investors have also added to or reduced their stakes in the company. Flow Traders U.S. LLC purchased a new position in shares of iShares S&P 500 Value ETF in the first quarter worth about $7,724,000. Verdence Capital Advisors LLC bought a new stake in iShares S&P 500 Value ETF during the first quarter valued at approximately $206,000. Geneos Wealth Management Inc. lifted its position in iShares S&P 500 Value ETF by 5.8% during the first quarter. Geneos Wealth Management Inc. now owns 45,091 shares of the company’s stock valued at $8,627,000 after purchasing an additional 2,477 shares during the last quarter. Telos Capital Management Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 5.9% in the 1st quarter. Telos Capital Management Inc. now owns 16,987 shares of the company’s stock worth $3,237,000 after acquiring an additional 940 shares during the last quarter. Finally, LVZ Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 2.0% in the 2nd quarter. LVZ Inc. now owns 449,606 shares of the company’s stock worth $87,862,000 after acquiring an additional 8,641 shares during the last quarter.

iShares S&P 500 Value ETF Stock Up 0.8%

NYSEARCA:IVE opened at $205.47 on Friday. The company has a fifty day moving average of $201.56 and a 200 day moving average of $192.83. The firm has a market capitalization of $41.25 billion, a P/E ratio of 20.70 and a beta of 0.94. iShares S&P 500 Value ETF has a 52 week low of $165.45 and a 52 week high of $206.63.

iShares S&P 500 Value ETF Company 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.