4,539 Shares in iShares S&P 500 Value ETF $IVE Bought by Matrix Private Capital Group LLC

Matrix Private Capital Group LLC bought a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,539 shares of the company’s stock, valued at approximately $958,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 0.8% in 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 during the last quarter. Great Lakes Advisors LLC grew its position in iShares S&P 500 Value ETF by 6,385.7% during the first 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. purchased a new stake in iShares S&P 500 Value ETF during the second quarter worth about $550,000. Russell Investments Group Ltd. raised its position in iShares S&P 500 Value ETF by 28.8% in the second quarter. Russell Investments Group Ltd. now owns 2,131 shares of the company’s stock worth $416,000 after acquiring an additional 477 shares during the period. Finally, First Trust Advisors LP raised its position in iShares S&P 500 Value ETF by 2.8% in the second quarter. First Trust Advisors LP now owns 26,527 shares of the company’s stock worth $5,184,000 after acquiring an additional 731 shares during the period.

iShares S&P 500 Value ETF Trading Up 0.9%

iShares S&P 500 Value ETF stock opened at $231.36 on Friday. iShares S&P 500 Value ETF has a 12 month low of $193.90 and a 12 month high of $233.57. The business’s 50 day simple moving average is $228.16 and its 200 day simple moving average is $221.32. The company has a market cap of $48.92 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82.

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.