Freedom Investment Management Inc. Takes Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Freedom Investment Management Inc. acquired a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,379 shares of the company’s stock, valued at approximately $469,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Sutton Place Investors LLC increased its holdings in shares of iShares S&P 500 Value ETF by 9.3% in the 2nd quarter. Sutton Place Investors LLC now owns 5,704 shares of the company’s stock valued at $1,038,000 after acquiring an additional 483 shares during the period. NBC Securities Inc. grew its stake in iShares S&P 500 Value ETF by 33.3% in the third quarter. NBC Securities Inc. now owns 2,148 shares of the company’s stock valued at $423,000 after purchasing an additional 536 shares during the last quarter. Financial Partners Group Inc raised its holdings in iShares S&P 500 Value ETF by 2.7% in the second quarter. Financial Partners Group Inc now owns 2,784 shares of the company’s stock worth $507,000 after purchasing an additional 74 shares in the last quarter. Ausdal Financial Partners Inc. lifted its position in shares of iShares S&P 500 Value ETF by 81.0% during the third quarter. Ausdal Financial Partners Inc. now owns 46,203 shares of the company’s stock valued at $9,110,000 after buying an additional 20,674 shares during the last quarter. Finally, Concourse Financial Group Securities Inc. boosted its holdings in shares of iShares S&P 500 Value ETF by 7.0% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 53,260 shares of the company’s stock valued at $10,501,000 after buying an additional 3,500 shares in the last quarter.

iShares S&P 500 Value ETF Stock Up 0.3 %

Shares of iShares S&P 500 Value ETF stock opened at $206.17 on Friday. iShares S&P 500 Value ETF has a 52-week low of $164.34 and a 52-week high of $206.63. The firm’s 50 day moving average price is $198.97 and its 200-day moving average price is $191.19. The company has a market cap of $36.94 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.