iShares S&P 500 Value ETF (NYSEARCA:IVE) Holdings Raised by Powell Investment Advisors LLC

Powell Investment Advisors LLC raised its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 142,981 shares of the company’s stock after purchasing an additional 246 shares during the quarter. iShares S&P 500 Value ETF accounts for approximately 12.6% of Powell Investment Advisors LLC’s investment portfolio, making the stock its biggest holding. Powell Investment Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $27,292,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Stifel Financial Corp boosted its holdings in iShares S&P 500 Value ETF by 2.5% in the third quarter. Stifel Financial Corp now owns 2,488,560 shares of the company’s stock valued at $490,670,000 after purchasing an additional 60,868 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in iShares S&P 500 Value ETF by 7.6% in the third quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock valued at $389,537,000 after purchasing an additional 139,651 shares during the last quarter. International Assets Investment Management LLC boosted its holdings in iShares S&P 500 Value ETF by 18,046.1% in the third quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock valued at $262,938,000 after purchasing an additional 1,326,211 shares during the last quarter. Huntington National Bank boosted its holdings in iShares S&P 500 Value ETF by 6.9% in the third quarter. Huntington National Bank now owns 1,045,926 shares of the company’s stock valued at $206,225,000 after purchasing an additional 67,448 shares during the last quarter. Finally, Park Avenue Securities LLC boosted its stake in shares of iShares S&P 500 Value ETF by 5.8% during the 4th quarter. Park Avenue Securities LLC now owns 947,689 shares of the company’s stock worth $180,895,000 after acquiring an additional 51,773 shares in the last quarter.

iShares S&P 500 Value ETF Stock Down 0.8 %

IVE stock opened at $194.62 on Monday. The company’s 50-day simple moving average is $195.01 and its 200-day simple moving average is $195.20. iShares S&P 500 Value ETF has a 52-week low of $173.01 and a 52-week high of $206.63. The firm has a market cap of $34.87 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.