Gemmer Asset Management LLC Has $1.85 Million Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Gemmer Asset Management LLC grew its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 17.5% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 9,369 shares of the company’s stock after purchasing an additional 1,393 shares during the period. Gemmer Asset Management LLC’s holdings in iShares S&P 500 Value ETF were worth $1,847,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in IVE. Palisade Asset Management LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the first quarter worth $26,000. CarsonAllaria Wealth Management Ltd. grew its stake in shares of iShares S&P 500 Value ETF by 289.5% during the first quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock worth $28,000 after purchasing an additional 110 shares during the period. Northwest Investment Counselors LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the third quarter worth $31,000. Addison Advisors LLC grew its stake in shares of iShares S&P 500 Value ETF by 50.0% during the second quarter. Addison Advisors LLC now owns 279 shares of the company’s stock worth $51,000 after purchasing an additional 93 shares during the period. Finally, TruNorth Capital Management LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the second quarter worth $65,000.

iShares S&P 500 Value ETF Trading Down 0.7 %

IVE stock opened at $196.32 on Monday. iShares S&P 500 Value ETF has a 1-year low of $147.23 and a 1-year high of $201.08. The firm has a market cap of $35.17 billion, a PE ratio of 23.79 and a beta of 0.81. The business’s 50-day moving average price is $195.65 and its two-hundred day moving average price is $187.77.

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.