iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Bought by Headlands Technologies LLC

Headlands Technologies LLC grew its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 780.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,656 shares of the company’s stock after purchasing an additional 1,468 shares during the quarter. Headlands Technologies LLC’s holdings in iShares S&P 500 Value ETF were worth $316,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Raymond James Financial Inc. acquired a new stake in iShares S&P 500 Value ETF in the 4th quarter worth about $311,273,000. USA Financial Formulas acquired a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter worth approximately $77,191,000. Davis Selected Advisers increased its position in shares of 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 worth $37,637,000 after purchasing an additional 184,477 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in iShares S&P 500 Value ETF by 8.5% in the 4th 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 lifted its holdings in iShares S&P 500 Value ETF by 28.7% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 613,456 shares of the company’s stock valued at $120,955,000 after purchasing an additional 136,769 shares in the last quarter.

iShares S&P 500 Value ETF Stock Down 5.8 %

iShares S&P 500 Value ETF stock opened at $172.67 on Friday. The company has a fifty day simple moving average of $193.16 and a 200-day simple moving average of $195.67. The firm has a market capitalization of $33.62 billion, a price-to-earnings ratio of 21.80 and a beta of 0.94. iShares S&P 500 Value ETF has a 52-week low of $172.56 and a 52-week high of $206.63.

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.