Perennial Investment Advisors LLC Purchases 62 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Perennial Investment Advisors LLC lifted its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,143 shares of the company’s stock after purchasing an additional 62 shares during the quarter. Perennial Investment Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $1,173,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of IVE. Benjamin Edwards Inc. bought a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter valued at about $243,000. Chevy Chase Trust Holdings LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 27.3% in the 3rd quarter. Chevy Chase Trust Holdings LLC now owns 7,720 shares of the company’s stock worth $1,522,000 after purchasing an additional 1,657 shares during the period. Quantinno Capital Management LP increased its position in shares of iShares S&P 500 Value ETF by 68.6% during the 3rd quarter. Quantinno Capital Management LP now owns 12,280 shares of the company’s stock valued at $2,421,000 after purchasing an additional 4,998 shares during the last quarter. Kovitz Investment Group Partners LLC raised its holdings in iShares S&P 500 Value ETF by 28.7% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 613,456 shares of the company’s stock valued at $120,955,000 after buying an additional 136,769 shares during the period. Finally, EP Wealth Advisors LLC lifted its position in iShares S&P 500 Value ETF by 3.6% in the third quarter. EP Wealth Advisors LLC now owns 40,055 shares of the company’s stock worth $7,898,000 after buying an additional 1,387 shares during the last quarter.

iShares S&P 500 Value ETF Stock Down 5.8 %

IVE stock opened at $172.67 on Friday. iShares S&P 500 Value ETF has a twelve month low of $172.56 and a twelve month high of $206.63. The stock has a market capitalization of $33.62 billion, a price-to-earnings ratio of 21.80 and a beta of 0.94. The firm’s fifty day simple moving average is $193.16 and its two-hundred day simple moving average is $195.67.

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.