iShares S&P 500 Value ETF (NYSEARCA:IVE) Holdings Increased by Mountain Capital Investment Advisors Inc.

Mountain Capital Investment Advisors Inc. raised its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 9.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,155 shares of the company’s stock after acquiring an additional 96 shares during the quarter. Mountain Capital Investment Advisors Inc.’s holdings in iShares S&P 500 Value ETF were worth $210,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Pinney & Scofield Inc. acquired a new position in shares of iShares S&P 500 Value ETF in the 4th quarter worth approximately $26,000. IMG Wealth Management Inc. acquired a new position in shares of iShares S&P 500 Value ETF in the 1st quarter worth approximately $34,000. SJS Investment Consulting Inc. acquired a new stake in iShares S&P 500 Value ETF during the 1st quarter valued at $37,000. Fourth Dimension Wealth LLC bought a new position in iShares S&P 500 Value ETF in the 1st quarter valued at $38,000. Finally, Morse Asset Management Inc acquired a new position in iShares S&P 500 Value ETF in the fourth quarter worth $41,000.

iShares S&P 500 Value ETF Trading Up 0.1%

NYSEARCA IVE opened at $197.53 on Thursday. iShares S&P 500 Value ETF has a 12 month low of $165.45 and a 12 month high of $206.63. The stock has a 50-day simple moving average of $189.25 and a 200 day simple moving average of $189.93. The company has a market capitalization of $39.66 billion, a PE ratio of 20.88 and a beta of 0.94.

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.