iShares S&P 500 Value ETF $IVE is Detalus Advisors LLC’s 6th Largest Position

Detalus Advisors LLC boosted its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.6% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 84,033 shares of the company’s stock after purchasing an additional 2,909 shares during the quarter. iShares S&P 500 Value ETF comprises approximately 4.5% of Detalus Advisors LLC’s portfolio, making the stock its 6th biggest position. Detalus Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $17,354,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. United Services Automobile Association purchased a new position in shares of iShares S&P 500 Value ETF in the 2nd quarter valued at $26,000. Harbor Asset Planning Inc. purchased a new stake in iShares S&P 500 Value ETF in the second quarter valued at $30,000. Tripletail Wealth Management LLC acquired a new position in iShares S&P 500 Value ETF in the third quarter valued at $37,000. Compagnie Lombard Odier SCmA acquired a new position in iShares S&P 500 Value ETF in the second quarter valued at $47,000. Finally, Morgan Dempsey Capital Management LLC purchased a new position in shares of iShares S&P 500 Value ETF during the second quarter worth about $55,000.

iShares S&P 500 Value ETF Stock Performance

IVE opened at $216.62 on Thursday. iShares S&P 500 Value ETF has a one year low of $165.45 and a one year high of $218.44. The stock has a market capitalization of $48.91 billion, a P/E ratio of 20.70 and a beta of 0.89. The business’s 50-day simple moving average is $212.54 and its 200-day simple moving average is $206.57.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.