35,037 Shares in iShares S&P 500 Value ETF (NYSEARCA:IVE) Acquired by Sovran Advisors LLC

Sovran Advisors LLC acquired a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 35,037 shares of the company’s stock, valued at approximately $6,667,000. iShares S&P 500 Value ETF comprises about 1.0% of Sovran Advisors LLC’s investment portfolio, making the stock its 24th largest holding.

Other institutional investors have also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of iShares S&P 500 Value ETF by 100.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock worth $29,000 after purchasing an additional 76 shares during the last quarter. Northwest Investment Counselors LLC acquired a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter worth approximately $31,000. Valued Wealth Advisors LLC acquired a new position in iShares S&P 500 Value ETF in the 3rd quarter valued at $35,000. Perkins Coie Trust Co acquired a new position in iShares S&P 500 Value ETF in the 4th quarter valued at $35,000. Finally, Copley Financial Group Inc. acquired a new position in iShares S&P 500 Value ETF in the 3rd quarter valued at $36,000.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE opened at $195.30 on Tuesday. The stock has a fifty day moving average of $195.01 and a two-hundred day moving average of $195.26. The company has a market capitalization of $34.99 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a fifty-two week low of $173.01 and a fifty-two week high of $206.63.

iShares S&P 500 Value ETF 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.