iShares S&P 500 Value ETF $IVE Stock Acquired by Vise Technologies Inc.

Vise Technologies Inc. increased its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 42.8% during the 3rd quarter, Holdings Channel.com reports. The firm owned 217,838 shares of the company’s stock after purchasing an additional 65,252 shares during the period. Vise Technologies Inc.’s holdings in iShares S&P 500 Value ETF were worth $49,728,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its stake in shares of 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 worth $1,997,009,000 after buying an additional 182,358 shares during the last quarter. Park Avenue Securities LLC lifted its stake in iShares S&P 500 Value ETF by 0.3% in the third quarter. Park Avenue Securities LLC now owns 1,816,354 shares of the company’s stock worth $414,637,000 after purchasing an additional 5,323 shares during the last quarter. Lido Advisors LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 4.4% in the first quarter. Lido Advisors LLC now owns 1,944,079 shares of the company’s stock valued at $410,493,000 after purchasing an additional 81,088 shares during the period. Royal Bank of Canada increased its holdings in iShares S&P 500 Value ETF by 3.6% during the first quarter. Royal Bank of Canada now owns 1,396,602 shares of the company’s stock valued at $294,892,000 after buying an additional 48,869 shares during the period. Finally, Cassaday & Co Wealth Management LLC boosted its position in shares of iShares S&P 500 Value ETF by 3.8% in the 1st quarter. Cassaday & Co Wealth Management LLC now owns 1,197,963 shares of the company’s stock worth $252,950,000 after purchasing an additional 44,187 shares in the last quarter.

iShares S&P 500 Value ETF Trading Down 0.8%

Shares of IVE opened at $239.53 on Friday. The stock has a 50-day moving average price of $234.73 and a 200-day moving average price of $226.13. iShares S&P 500 Value ETF has a 12-month low of $203.15 and a 12-month high of $241.38. The company has a market cap of $50.72 billion, a PE ratio of 20.70 and a beta of 0.83.

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. 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.