65,210 Shares of iShares S&P 500 Value ETF $IVE Purchased by Sacks & Associates LLC

Sacks & Associates LLC acquired a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) in the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 65,210 shares of the company’s stock, valued at approximately $14,886,000. iShares S&P 500 Value ETF makes up 10.6% of Sacks & Associates LLC’s holdings, making the stock its largest position.

A number of other hedge funds have also made changes to their positions in IVE. Bank of America Corp DE lifted its position in shares of iShares S&P 500 Value ETF by 2.0% in the first quarter. Bank of America Corp DE now owns 9,457,775 shares of the company’s stock valued at $1,997,009,000 after acquiring an additional 182,358 shares in the last quarter. Wells Fargo & Company MN raised its position in shares of iShares S&P 500 Value ETF by 2.0% in the fourth quarter. Wells Fargo & Company MN now owns 6,264,139 shares of the company’s stock valued at $1,328,436,000 after buying an additional 120,153 shares during the last quarter. MML Investors Services LLC raised its position in shares of iShares S&P 500 Value ETF by 48.8% in the fourth quarter. MML Investors Services LLC now owns 2,103,532 shares of the company’s stock valued at $446,096,000 after buying an additional 689,967 shares during the last quarter. Lido Advisors LLC lifted its stake in shares of iShares S&P 500 Value ETF by 4.4% in the first quarter. Lido Advisors LLC now owns 1,944,079 shares of the company’s stock worth $410,493,000 after buying an additional 81,088 shares in the last quarter. Finally, Royal Bank of Canada lifted its stake in shares of iShares S&P 500 Value ETF by 3.6% in the first quarter. Royal Bank of Canada now owns 1,396,602 shares of the company’s stock worth $294,892,000 after buying an additional 48,869 shares in the last quarter.

iShares S&P 500 Value ETF Trading Up 0.4%

Shares of NYSEARCA IVE opened at $233.02 on Friday. The stock has a market cap of $49.33 billion, a PE ratio of 20.70 and a beta of 0.83. iShares S&P 500 Value ETF has a 12-month low of $202.45 and a 12-month high of $239.93. The company has a 50-day moving average of $234.44 and a 200 day moving average of $227.75.

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. 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.