Gunma Bank Ltd. Has $6.49 Million Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Gunma Bank Ltd. lifted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 277.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 34,000 shares of the company’s stock after acquiring an additional 25,000 shares during the quarter. iShares S&P 500 Value ETF comprises approximately 2.1% of Gunma Bank Ltd.’s holdings, making the stock its 22nd largest position. Gunma Bank Ltd.’s holdings in iShares S&P 500 Value ETF were worth $6,490,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in IVE. LexAurum Advisors LLC boosted its position in iShares S&P 500 Value ETF by 47.2% during the fourth quarter. LexAurum Advisors LLC now owns 3,846 shares of the company’s stock worth $734,000 after purchasing an additional 1,233 shares during the period. Financial Synergies Wealth Advisors Inc. lifted its stake in shares of iShares S&P 500 Value ETF by 0.6% in the fourth quarter. Financial Synergies Wealth Advisors Inc. now owns 28,709 shares of the company’s stock worth $5,480,000 after buying an additional 160 shares during the last quarter. NBC Securities Inc. boosted its holdings in shares of iShares S&P 500 Value ETF by 33.3% during the 3rd quarter. NBC Securities Inc. now owns 2,148 shares of the company’s stock worth $423,000 after buying an additional 536 shares during the period. DAVENPORT & Co LLC grew its stake in iShares S&P 500 Value ETF by 10.9% in the 4th quarter. DAVENPORT & Co LLC now owns 3,783 shares of the company’s stock valued at $722,000 after buying an additional 372 shares during the last quarter. Finally, Concourse Financial Group Securities Inc. raised its holdings in iShares S&P 500 Value ETF by 7.0% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 53,260 shares of the company’s stock worth $10,501,000 after acquiring an additional 3,500 shares during the period.

iShares S&P 500 Value ETF Price Performance

iShares S&P 500 Value ETF stock opened at $194.62 on Monday. iShares S&P 500 Value ETF has a fifty-two week low of $173.01 and a fifty-two week high of $206.63. The firm has a fifty day moving average price of $195.01 and a two-hundred day moving average price of $195.20. The firm has a market cap of $34.87 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

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.