Associated Banc Corp Increases Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Associated Banc Corp lifted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 64,487 shares of the company’s stock after buying an additional 3,274 shares during the quarter. Associated Banc Corp’s holdings in iShares S&P 500 Value ETF were worth $12,309,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of IVE. Raymond James Financial Inc. purchased a new stake in iShares S&P 500 Value ETF during the 4th quarter worth approximately $311,273,000. USA Financial Formulas purchased a new stake in iShares S&P 500 Value ETF during the 4th quarter worth approximately $77,191,000. Davis Selected Advisers increased its holdings in iShares S&P 500 Value ETF by 1,452.8% during the 4th 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 during the last quarter. PNC Financial Services Group Inc. grew its position in shares of 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 worth $408,993,000 after acquiring an additional 167,028 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC grew its position in shares of 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 worth $120,955,000 after acquiring an additional 136,769 shares in the last quarter.

iShares S&P 500 Value ETF Trading Up 1.6 %

Shares of IVE opened at $188.81 on Friday. The firm has a market cap of $36.68 billion, a price-to-earnings ratio of 22.06 and a beta of 0.94. The stock has a 50 day moving average of $194.27 and a 200-day moving average of $196.19. iShares S&P 500 Value ETF has a 52 week low of $176.09 and a 52 week high of $206.63.

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.