Blue Trust Inc. Boosts Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Blue Trust Inc. raised its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 71,958 shares of the company’s stock after purchasing an additional 1,513 shares during the quarter. Blue Trust Inc.’s holdings in iShares S&P 500 Value ETF were worth $13,097,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Palisade Asset Management LLC purchased a new position in iShares S&P 500 Value ETF in the first quarter valued at approximately $26,000. CarsonAllaria Wealth Management Ltd. increased its position in shares of iShares S&P 500 Value ETF by 289.5% in the first quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock worth $28,000 after acquiring an additional 110 shares in the last quarter. Northwest Investment Counselors LLC purchased a new position in shares of iShares S&P 500 Value ETF in the 1st quarter valued at $29,000. Addison Advisors LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 50.0% during the 2nd quarter. Addison Advisors LLC now owns 279 shares of the company’s stock valued at $51,000 after acquiring an additional 93 shares in the last quarter. Finally, TruNorth Capital Management LLC purchased a new stake in iShares S&P 500 Value ETF during the 2nd quarter worth $65,000.

iShares S&P 500 Value ETF Trading Up 0.2 %

Shares of NYSEARCA IVE opened at $200.74 on Friday. The stock has a fifty day moving average price of $194.63 and a 200 day moving average price of $187.21. iShares S&P 500 Value ETF has a 12-month low of $147.23 and a 12-month high of $201.08. The company has a market cap of $35.96 billion, a P/E ratio of 23.79 and a beta of 0.81.

iShares S&P 500 Value ETF 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.