iShares S&P 500 Value ETF $IVE Position Increased by Sutton Place Investors LLC

Sutton Place Investors LLC raised its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,480 shares of the company’s stock after buying an additional 628 shares during the quarter. iShares S&P 500 Value ETF accounts for 1.1% of Sutton Place Investors LLC’s portfolio, making the stock its 25th largest position. Sutton Place Investors LLC’s holdings in iShares S&P 500 Value ETF were worth $1,853,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Flow Traders U.S. LLC purchased a new stake in iShares S&P 500 Value ETF during the first quarter valued at about $7,724,000. Verdence Capital Advisors LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the first quarter worth approximately $206,000. Geneos Wealth Management Inc. lifted its position in shares of iShares S&P 500 Value ETF by 5.8% in the first quarter. Geneos Wealth Management Inc. now owns 45,091 shares of the company’s stock worth $8,627,000 after purchasing an additional 2,477 shares in the last quarter. Telos Capital Management Inc. lifted its position in shares of iShares S&P 500 Value ETF by 5.9% in the first quarter. Telos Capital Management Inc. now owns 16,987 shares of the company’s stock worth $3,237,000 after purchasing an additional 940 shares in the last quarter. Finally, LVZ Inc. lifted its position in shares of iShares S&P 500 Value ETF by 2.0% in the second quarter. LVZ Inc. now owns 449,606 shares of the company’s stock worth $87,862,000 after purchasing an additional 8,641 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

NYSEARCA IVE opened at $207.84 on Friday. The company has a 50 day simple moving average of $202.31 and a 200-day simple moving average of $193.45. The firm has a market capitalization of $41.99 billion, a price-to-earnings ratio of 20.70 and a beta of 0.94. iShares S&P 500 Value ETF has a 52-week low of $165.45 and a 52-week high of $208.86.

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.