Gemmer Asset Management LLC Buys 787 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Gemmer Asset Management LLC lifted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,093 shares of the company’s stock after purchasing an additional 787 shares during the quarter. Gemmer Asset Management LLC’s holdings in iShares S&P 500 Value ETF were worth $2,114,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Family Firm Inc. increased its position in iShares S&P 500 Value ETF by 0.5% in the 4th quarter. Family Firm Inc. now owns 10,464 shares of the company’s stock valued at $1,998,000 after acquiring an additional 57 shares during the period. Realta Investment Advisors increased its position in iShares S&P 500 Value ETF by 4.8% in the 4th quarter. Realta Investment Advisors now owns 1,322 shares of the company’s stock valued at $253,000 after acquiring an additional 60 shares during the period. Lifeworks Advisors LLC increased its position in iShares S&P 500 Value ETF by 2.6% in the 4th quarter. Lifeworks Advisors LLC now owns 2,390 shares of the company’s stock valued at $456,000 after acquiring an additional 60 shares during the period. Perennial Investment Advisors LLC increased its position in iShares S&P 500 Value ETF by 1.0% in the 4th quarter. Perennial Investment Advisors LLC now owns 6,143 shares of the company’s stock valued at $1,173,000 after acquiring an additional 62 shares during the period. Finally, Ellis Investment Partners LLC raised its position in shares of iShares S&P 500 Value ETF by 0.4% during the fourth quarter. Ellis Investment Partners LLC now owns 15,647 shares of the company’s stock worth $2,987,000 after acquiring an additional 64 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE opened at $191.34 on Friday. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year high of $206.63. The company has a market capitalization of $38.17 billion, a price-to-earnings ratio of 20.88 and a beta of 0.89. The business has a 50-day moving average of $183.77 and a 200-day moving average of $191.16.

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.