iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Purchased by Raleigh Capital Management Inc.

Raleigh Capital Management Inc. boosted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 5,889 shares of the company’s stock after acquiring an additional 118 shares during the period. Raleigh Capital Management Inc.’s holdings in iShares S&P 500 Value ETF were worth $1,124,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Hsbc Holdings PLC grew its holdings in iShares S&P 500 Value ETF by 50.3% during the 2nd quarter. Hsbc Holdings PLC now owns 5,605 shares of the company’s stock worth $1,020,000 after acquiring an additional 1,875 shares in the last quarter. Wescott Financial Advisory Group LLC lifted its position in iShares S&P 500 Value ETF by 14.9% in the 2nd quarter. Wescott Financial Advisory Group LLC now owns 29,757 shares of the company’s stock valued at $5,416,000 after purchasing an additional 3,861 shares during the last quarter. Wick Capital Partners LLC bought a new stake in iShares S&P 500 Value ETF in the 2nd quarter valued at about $778,000. Delta Investment Management LLC raised its position in shares of iShares S&P 500 Value ETF by 9.0% during the 2nd quarter. Delta Investment Management LLC now owns 1,266 shares of the company’s stock worth $230,000 after buying an additional 105 shares in the last quarter. Finally, Daymark Wealth Partners LLC raised its position in shares of iShares S&P 500 Value ETF by 1,857.5% during the 2nd quarter. Daymark Wealth Partners LLC now owns 36,370 shares of the company’s stock worth $6,620,000 after buying an additional 34,512 shares in the last quarter.

iShares S&P 500 Value ETF Trading Down 0.1 %

IVE stock opened at $195.41 on Thursday. The firm’s 50-day moving average is $196.53 and its two-hundred day moving average is $194.34. iShares S&P 500 Value ETF has a 52 week low of $172.85 and a 52 week high of $206.63. The company has a market capitalization of $35.01 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

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.