iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Acquired by MAI Capital Management

MAI Capital Management lifted its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.8% during the third quarter, Holdings Channel reports. The fund owned 754,586 shares of the company’s stock after buying an additional 13,079 shares during the quarter. iShares S&P 500 Value ETF makes up 1.4% of MAI Capital Management’s holdings, making the stock its 11th largest holding. MAI Capital Management’s holdings in iShares S&P 500 Value ETF were worth $148,782,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Northwest Investment Counselors LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter worth approximately $31,000. Valued Wealth Advisors LLC acquired a new stake in iShares S&P 500 Value ETF during the third quarter valued at $35,000. Addison Advisors LLC increased its holdings in iShares S&P 500 Value ETF by 50.0% in the second quarter. Addison Advisors LLC now owns 279 shares of the company’s stock valued at $51,000 after buying an additional 93 shares in the last quarter. TruNorth Capital Management LLC acquired a new position in shares of iShares S&P 500 Value ETF in the second quarter worth about $65,000. Finally, Avondale Wealth Management boosted its stake in shares of iShares S&P 500 Value ETF by 24.8% during the 2nd quarter. Avondale Wealth Management now owns 362 shares of the company’s stock worth $66,000 after acquiring an additional 72 shares in the last quarter.

iShares S&P 500 Value ETF Trading Down 0.3 %

Shares of IVE opened at $199.51 on Monday. The firm has a market cap of $35.74 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 12 month low of $161.43 and a 12 month high of $203.67. The stock’s 50 day moving average is $197.20 and its two-hundred day moving average is $189.74.

About iShares S&P 500 Value ETF

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.