Moloney Securities Asset Management LLC Has $6.58 Million Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Moloney Securities Asset Management LLC boosted its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1,062.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 34,447 shares of the company’s stock after buying an additional 31,484 shares during the period. iShares S&P 500 Value ETF makes up approximately 0.9% of Moloney Securities Asset Management LLC’s investment portfolio, making the stock its 19th largest position. Moloney Securities Asset Management LLC’s holdings in iShares S&P 500 Value ETF were worth $6,575,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of IVE. International Assets Investment Management LLC boosted its stake in shares of iShares S&P 500 Value ETF by 18,046.1% in the 3rd 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 in the last quarter. USA Financial Formulas acquired a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter valued at approximately $77,191,000. PNC Financial Services Group Inc. boosted its stake in shares of iShares S&P 500 Value ETF by 7.6% in the 3rd 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 in the last quarter. Kovitz Investment Group Partners LLC boosted its stake in shares of iShares S&P 500 Value ETF by 28.7% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 613,456 shares of the company’s stock valued at $120,955,000 after purchasing an additional 136,769 shares in the last quarter. Finally, World Investment Advisors LLC boosted its stake in shares of iShares S&P 500 Value ETF by 1,511.5% in the 3rd quarter. World Investment Advisors LLC now owns 112,303 shares of the company’s stock valued at $22,220,000 after purchasing an additional 105,334 shares in the last quarter.

iShares S&P 500 Value ETF Trading Down 0.8 %

IVE opened at $194.62 on Friday. The company’s 50 day moving average is $195.01 and its 200-day moving average is $195.14. iShares S&P 500 Value ETF has a 1-year low of $173.01 and a 1-year high of $206.63. The company has a market cap of $34.87 billion, a P/E 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.