iShares S&P 500 Value ETF (NYSEARCA:IVE) Position Increased by Vertex Planning Partners LLC

Vertex Planning Partners LLC boosted its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 26,664 shares of the company’s stock after purchasing an additional 444 shares during the period. iShares S&P 500 Value ETF accounts for approximately 1.1% of Vertex Planning Partners LLC’s portfolio, making the stock its 21st biggest position. Vertex Planning Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $5,090,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Raymond James Financial Inc. bought a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter worth $311,273,000. USA Financial Formulas acquired a new position in iShares S&P 500 Value ETF during the 4th quarter worth $77,191,000. Davis Selected Advisers boosted its holdings in iShares S&P 500 Value ETF by 1,452.8% during the fourth quarter. Davis Selected Advisers now owns 197,175 shares of the company’s stock valued at $37,637,000 after acquiring an additional 184,477 shares during the period. PNC Financial Services Group Inc. grew its position in shares of iShares S&P 500 Value ETF by 8.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,142,670 shares of the company’s stock valued at $408,993,000 after purchasing an additional 167,028 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC increased its stake in shares of iShares S&P 500 Value ETF by 28.7% in the third quarter. Kovitz Investment Group Partners LLC now owns 613,456 shares of the company’s stock worth $120,955,000 after purchasing an additional 136,769 shares during the period.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE opened at $191.65 on Friday. The stock has a market capitalization of $37.31 billion, a PE ratio of 21.80 and a beta of 0.94. The stock has a 50-day simple moving average of $194.26 and a 200 day simple moving average of $195.98. iShares S&P 500 Value ETF has a twelve month low of $176.09 and a twelve month high of $206.63.

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.