iShares S&P 500 Value ETF $IVE Position Lifted by Eagle Bay Advisors LLC

Eagle Bay Advisors LLC raised its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 80.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,406 shares of the company’s stock after purchasing an additional 2,861 shares during the quarter. iShares S&P 500 Value ETF accounts for 1.1% of Eagle Bay Advisors LLC’s portfolio, making the stock its 25th largest holding. Eagle Bay Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $1,462,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Calamos Advisors LLC raised its holdings in shares of iShares S&P 500 Value ETF by 2,585.9% in the 1st quarter. Calamos Advisors LLC now owns 619,118 shares of the company’s stock worth $130,727,000 after buying an additional 596,067 shares in the last quarter. The Manufacturers Life Insurance Company bought a new position in shares of iShares S&P 500 Value ETF during the 1st quarter worth approximately $92,702,000. Fifth Third Bancorp boosted its stake in iShares S&P 500 Value ETF by 132.9% in the 1st quarter. Fifth Third Bancorp now owns 557,426 shares of the company’s stock valued at $117,700,000 after buying an additional 318,135 shares in the last quarter. Bank of America Corp DE boosted its stake in iShares S&P 500 Value ETF by 2.0% in the 1st quarter. Bank of America Corp DE now owns 9,457,775 shares of the company’s stock valued at $1,997,009,000 after buying an additional 182,358 shares in the last quarter. Finally, Gallagher Capital Advisors LLC boosted its stake in iShares S&P 500 Value ETF by 3,223.2% in the 1st quarter. Gallagher Capital Advisors LLC now owns 158,615 shares of the company’s stock valued at $33,492,000 after buying an additional 153,842 shares in the last quarter.

iShares S&P 500 Value ETF Stock Down 0.1%

NYSEARCA:IVE traded down $0.20 during trading hours on Friday, reaching $235.46. The company had a trading volume of 1,226,593 shares, compared to its average volume of 938,201. The firm has a market capitalization of $49.82 billion, a PE ratio of 20.70 and a beta of 0.83. The stock has a 50-day moving average of $234.41 and a two-hundred day moving average of $228.61. iShares S&P 500 Value ETF has a one year low of $203.15 and a one year high of $239.93.

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. 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.