iShares S&P 500 Value ETF $IVE Stock Holdings Increased by Merit Financial Group LLC

Merit Financial Group LLC grew its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 9.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 83,350 shares of the company’s stock after purchasing an additional 7,138 shares during the quarter. Merit Financial Group LLC’s holdings in iShares S&P 500 Value ETF were worth $16,288,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in IVE. Brighton Jones LLC grew its stake in iShares S&P 500 Value ETF by 0.8% during the 4th quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock worth $2,679,000 after buying an additional 112 shares during the last quarter. Millennium Management LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 101.3% during the fourth quarter. Millennium Management LLC now owns 3,334 shares of the company’s stock valued at $636,000 after acquiring an additional 1,678 shares during the period. Ehrlich Financial Group boosted its holdings in shares of iShares S&P 500 Value ETF by 15.3% during the first quarter. Ehrlich Financial Group now owns 42,246 shares of the company’s stock valued at $8,051,000 after acquiring an additional 5,604 shares during the period. Sovereign Financial Group Inc. boosted its holdings in shares of iShares S&P 500 Value ETF by 32.8% during the first quarter. Sovereign Financial Group Inc. now owns 8,099 shares of the company’s stock valued at $1,544,000 after acquiring an additional 1,999 shares during the period. Finally, Pines Wealth Management LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 3.2% during the first quarter. Pines Wealth Management LLC now owns 18,594 shares of the company’s stock valued at $3,544,000 after acquiring an additional 576 shares during the period.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE opened at $207.84 on Friday. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year high of $208.86. The company has a market cap of $41.99 billion, a price-to-earnings ratio of 20.70 and a beta of 0.94. The firm has a fifty day moving average of $202.31 and a 200-day moving average of $193.45.

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.