MAI Capital Management Purchases 26,751 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

MAI Capital Management grew its stake in iShares S&P 500 Value ETF (NYSEARCA:IVEGet Rating) by 6.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 449,444 shares of the company’s stock after purchasing an additional 26,751 shares during the quarter. iShares S&P 500 Value ETF makes up approximately 1.1% of MAI Capital Management’s investment portfolio, making the stock its 19th largest holding. MAI Capital Management owned approximately 0.28% of iShares S&P 500 Value ETF worth $70,396,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. CWM LLC bought a new position in iShares S&P 500 Value ETF during the fourth quarter worth about $103,483,000. Lbmc Investment Advisors LLC increased its position in iShares S&P 500 Value ETF by 1,340.6% during the third quarter. Lbmc Investment Advisors LLC now owns 647,614 shares of the company’s stock worth $6,640,000 after acquiring an additional 602,658 shares during the period. Mariner LLC increased its position in iShares S&P 500 Value ETF by 94.9% during the third quarter. Mariner LLC now owns 814,255 shares of the company’s stock worth $118,409,000 after acquiring an additional 396,402 shares during the period. Evoke Wealth LLC increased its position in iShares S&P 500 Value ETF by 2,970.4% during the fourth quarter. Evoke Wealth LLC now owns 182,259 shares of the company’s stock worth $28,547,000 after acquiring an additional 176,323 shares during the period. Finally, Barings LLC increased its position in iShares S&P 500 Value ETF by 113.8% during the fourth quarter. Barings LLC now owns 315,094 shares of the company’s stock worth $49,353,000 after acquiring an additional 167,738 shares during the period.

iShares S&P 500 Value ETF stock traded up $2.36 during trading hours on Tuesday, reaching $148.77. 1,318,763 shares of the stock were exchanged, compared to its average volume of 1,385,201. iShares S&P 500 Value ETF has a twelve month low of $141.65 and a twelve month high of $160.38. The stock has a 50 day moving average of $152.67 and a two-hundred day moving average of $153.21.

About iShares S&P 500 Value ETF (Get Rating)

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.

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Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

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