Mason & Associates LLC Purchases New Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Mason & Associates LLC acquired a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 7,863 shares of the company’s stock, valued at approximately $1,431,000. iShares S&P 500 Value ETF comprises 0.5% of Mason & Associates LLC’s portfolio, making the stock its 16th largest position.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its stake in shares of iShares S&P 500 Value ETF by 5.1% in the first quarter. JPMorgan Chase & Co. now owns 17,776,089 shares of the company’s stock worth $3,320,751,000 after acquiring an additional 861,704 shares during the period. Wells Fargo & Company MN grew its position in iShares S&P 500 Value ETF by 0.3% in the 4th quarter. Wells Fargo & Company MN now owns 7,565,945 shares of the company’s stock worth $1,315,642,000 after purchasing an additional 25,641 shares during the period. Envestnet Asset Management Inc. raised its stake in iShares S&P 500 Value ETF by 8.9% during the 4th quarter. Envestnet Asset Management Inc. now owns 4,314,163 shares of the company’s stock valued at $750,190,000 after buying an additional 351,478 shares during the last quarter. UBS Group AG boosted its stake in shares of iShares S&P 500 Value ETF by 0.4% in the 4th quarter. UBS Group AG now owns 3,558,382 shares of the company’s stock worth $618,767,000 after buying an additional 14,425 shares during the last quarter. Finally, Stifel Financial Corp grew its holdings in shares of iShares S&P 500 Value ETF by 1.2% in the fourth quarter. Stifel Financial Corp now owns 2,195,335 shares of the company’s stock worth $381,746,000 after acquiring an additional 25,246 shares during the period.

iShares S&P 500 Value ETF Price Performance

iShares S&P 500 Value ETF stock traded up $1.57 during mid-day trading on Tuesday, reaching $186.70. 477,943 shares of the stock traded hands, compared to its average volume of 755,845. iShares S&P 500 Value ETF has a 12-month low of $147.23 and a 12-month high of $191.93. The business’s 50-day moving average is $184.52 and its 200-day moving average is $182.17. The stock has a market capitalization of $33.45 billion, a PE 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.