ST Germain D J Co. Inc. Raises Stock Holdings in iShares S&P 500 Value ETF $IVE

ST Germain D J Co. Inc. increased its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 24.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 568 shares of the company’s stock after purchasing an additional 113 shares during the quarter. ST Germain D J Co. Inc.’s holdings in iShares S&P 500 Value ETF were worth $111,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Envestnet Asset Management Inc. raised its stake in iShares S&P 500 Value ETF by 38.8% in the first quarter. Envestnet Asset Management Inc. now owns 18,643,646 shares of the company’s stock valued at $3,553,106,000 after buying an additional 5,207,877 shares during the last quarter. JPMorgan Chase & Co. raised its stake in iShares S&P 500 Value ETF by 5.5% in the first quarter. JPMorgan Chase & Co. now owns 17,776,163 shares of the company’s stock valued at $3,387,781,000 after buying an additional 922,557 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in iShares S&P 500 Value ETF by 4.2% in the first quarter. Goldman Sachs Group Inc. now owns 2,590,004 shares of the company’s stock valued at $493,603,000 after buying an additional 105,418 shares during the last quarter. Ameriprise Financial Inc. raised its stake in iShares S&P 500 Value ETF by 3.7% in the first quarter. Ameriprise Financial Inc. now owns 2,546,232 shares of the company’s stock valued at $485,361,000 after buying an additional 90,856 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in iShares S&P 500 Value ETF by 5.3% in the first quarter. PNC Financial Services Group Inc. now owns 2,257,076 shares of the company’s stock valued at $430,153,000 after buying an additional 114,406 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

iShares S&P 500 Value ETF stock opened at $205.47 on Friday. The stock has a 50-day moving average of $201.56 and a two-hundred day moving average of $192.83. iShares S&P 500 Value ETF has a one year low of $165.45 and a one year high of $206.63. The stock has a market cap of $41.25 billion, a PE ratio of 20.70 and a beta of 0.94.

iShares S&P 500 Value ETF 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.