Greenwood Gearhart Inc. Purchases 1,565 Shares of iShares S&P 500 Value ETF $IVE

Greenwood Gearhart Inc. boosted its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 32.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,335 shares of the company’s stock after purchasing an additional 1,565 shares during the period. Greenwood Gearhart Inc.’s holdings in iShares S&P 500 Value ETF were worth $1,238,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its holdings in iShares S&P 500 Value ETF by 38.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 18,643,646 shares of the company’s stock valued at $3,553,106,000 after purchasing an additional 5,207,877 shares during the last quarter. JPMorgan Chase & Co. grew its stake in iShares S&P 500 Value ETF by 5.5% in the 1st quarter. JPMorgan Chase & Co. now owns 17,776,163 shares of the company’s stock worth $3,387,781,000 after acquiring an additional 922,557 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in iShares S&P 500 Value ETF by 4.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,590,004 shares of the company’s stock worth $493,603,000 after acquiring an additional 105,418 shares in the last quarter. Ameriprise Financial Inc. grew its stake in iShares S&P 500 Value ETF by 3.7% in the 1st quarter. Ameriprise Financial Inc. now owns 2,546,232 shares of the company’s stock worth $485,361,000 after acquiring an additional 90,856 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its stake in iShares S&P 500 Value ETF by 5.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,257,076 shares of the company’s stock worth $430,153,000 after acquiring an additional 114,406 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE stock opened at $202.52 on Friday. The company has a market capitalization of $40.93 billion, a P/E ratio of 20.70 and a beta of 0.94. The company’s 50-day simple moving average is $203.21 and its two-hundred day simple moving average is $193.98. iShares S&P 500 Value ETF has a one year low of $165.45 and a one year high of $209.12.

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.