Pallas Capital Advisors LLC Has $1.15 Million Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Pallas Capital Advisors LLC decreased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 8.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,120 shares of the company’s stock after selling 589 shares during the quarter. Pallas Capital Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $1,154,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in IVE. JPMorgan Chase & Co. raised its position in iShares S&P 500 Value ETF by 5.1% during 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 in the last quarter. Wells Fargo & Company MN raised its position in shares of 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 valued at $1,315,642,000 after buying an additional 25,641 shares in the last quarter. Envestnet Asset Management Inc. raised its position in iShares S&P 500 Value ETF by 8.9% during the fourth quarter. Envestnet Asset Management Inc. now owns 4,314,163 shares of the company’s stock valued at $750,190,000 after purchasing an additional 351,478 shares in the last quarter. UBS Group AG increased its holdings in shares of iShares S&P 500 Value ETF by 0.4% during the fourth 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 in the last quarter. Finally, Stifel Financial Corp boosted its holdings in shares of iShares S&P 500 Value ETF by 1.2% during the 4th quarter. Stifel Financial Corp now owns 2,195,335 shares of the company’s stock valued at $381,746,000 after acquiring an additional 25,246 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

NYSEARCA IVE traded down $0.64 during mid-day trading on Tuesday, reaching $190.74. 184,660 shares of the stock were exchanged, compared to its average volume of 742,607. The stock has a 50 day simple moving average of $185.00 and a 200-day simple moving average of $182.57. iShares S&P 500 Value ETF has a one year low of $147.23 and a one year high of $191.93. The stock has a market cap of $34.17 billion, a P/E 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.