Fisher Asset Management LLC Acquires 7,440 Shares of iShares S&P 500 Value ETF $IVE

Fisher Asset Management LLC increased its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 374.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,429 shares of the company’s stock after buying an additional 7,440 shares during the period. Fisher Asset Management LLC’s holdings in iShares S&P 500 Value ETF were worth $1,947,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in IVE. Brighton Jones LLC lifted its holdings in iShares S&P 500 Value ETF by 0.8% during the 4th quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock worth $2,679,000 after buying an additional 112 shares in the last quarter. Great Lakes Advisors LLC increased its stake in shares of iShares S&P 500 Value ETF by 6,385.7% in the 1st quarter. Great Lakes Advisors LLC now owns 454 shares of the company’s stock valued at $83,000 after buying an additional 447 shares during the period. Schnieders Capital Management LLC. acquired a new stake in shares of iShares S&P 500 Value ETF in the 2nd quarter valued at $550,000. Bank of New York Mellon Corp raised its position in shares of iShares S&P 500 Value ETF by 18.5% during the second quarter. Bank of New York Mellon Corp now owns 719,697 shares of the company’s stock worth $140,643,000 after acquiring an additional 112,150 shares during the last quarter. Finally, Atlantic Union Bankshares Corp raised its position in shares of iShares S&P 500 Value ETF by 125.2% during the second quarter. Atlantic Union Bankshares Corp now owns 3,722 shares of the company’s stock worth $727,000 after acquiring an additional 2,069 shares during the last quarter.

iShares S&P 500 Value ETF Stock Down 1.0%

Shares of IVE opened at $216.24 on Friday. iShares S&P 500 Value ETF has a 12-month low of $165.45 and a 12-month high of $223.05. The firm has a market capitalization of $48.85 billion, a PE ratio of 20.70 and a beta of 0.89. The stock’s fifty day simple moving average is $218.11 and its 200-day simple moving average is $211.23.

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. 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.