Copperleaf Capital LLC Has $3.54 Million Stake in iShares S&P 500 Value ETF $IVE

Copperleaf Capital LLC lifted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 18,117 shares of the company’s stock after purchasing an additional 743 shares during the quarter. iShares S&P 500 Value ETF accounts for 1.8% of Copperleaf Capital LLC’s portfolio, making the stock its 11th largest position. Copperleaf Capital LLC’s holdings in iShares S&P 500 Value ETF were worth $3,540,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IVE. Harbor Asset Planning Inc. purchased a new position in shares of iShares S&P 500 Value ETF during the 2nd quarter valued at $30,000. Nemes Rush Group LLC boosted its position in iShares S&P 500 Value ETF by 625.0% during the first quarter. Nemes Rush Group LLC now owns 174 shares of the company’s stock valued at $33,000 after purchasing an additional 150 shares during the last quarter. Flaharty Asset Management LLC purchased a new position in iShares S&P 500 Value ETF in the first quarter valued at about $33,000. Ryan Investment Management Inc. acquired a new position in iShares S&P 500 Value ETF in the 2nd quarter worth about $36,000. Finally, Atwood & Palmer Inc. purchased a new stake in shares of iShares S&P 500 Value ETF during the 2nd quarter worth about $38,000.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA IVE opened at $206.51 on Wednesday. The business has a 50 day simple moving average of $206.95 and a 200 day simple moving average of $199.46. iShares S&P 500 Value ETF has a 52 week low of $165.45 and a 52 week high of $212.54. The stock has a market cap of $42.12 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89.

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.