Picton Mahoney Asset Management Has $705,000 Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Picton Mahoney Asset Management lifted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 6.0% in the second quarter, HoldingsChannel.com reports. The firm owned 3,880 shares of the company’s stock after purchasing an additional 220 shares during the quarter. Picton Mahoney Asset Management’s holdings in iShares S&P 500 Value ETF were worth $705,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. D.A. Davidson & CO. lifted its stake in shares of iShares S&P 500 Value ETF by 0.6% during the fourth quarter. D.A. Davidson & CO. now owns 18,017 shares of the company’s stock valued at $3,133,000 after acquiring an additional 110 shares during the period. Sachetta LLC bought a new position in shares of iShares S&P 500 Value ETF in the 4th quarter valued at about $1,723,000. Watershed Private Wealth LLC boosted its stake in shares of iShares S&P 500 Value ETF by 3.4% in the 4th quarter. Watershed Private Wealth LLC now owns 39,034 shares of the company’s stock valued at $6,787,000 after purchasing an additional 1,279 shares during the last quarter. BKM Wealth Management LLC grew its position in shares of iShares S&P 500 Value ETF by 2.9% during the 1st quarter. BKM Wealth Management LLC now owns 63,882 shares of the company’s stock worth $11,934,000 after buying an additional 1,802 shares during the period. Finally, Focus Financial Network Inc. ADV bought a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter worth approximately $7,322,000.

iShares S&P 500 Value ETF Stock Up 0.9 %

NYSEARCA IVE traded up $1.68 during trading hours on Friday, hitting $196.24. The company’s stock had a trading volume of 311,342 shares, compared to its average volume of 720,983. iShares S&P 500 Value ETF has a twelve month low of $147.23 and a twelve month high of $196.36. The firm has a market capitalization of $35.16 billion, a P/E ratio of 23.79 and a beta of 0.81. The stock has a fifty day moving average of $187.09 and a 200 day moving average of $183.59.

About iShares S&P 500 Value ETF

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.