Neumann Capital Management LLC Makes New Investment in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Neumann Capital Management LLC acquired a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 10,405 shares of the company’s stock, valued at approximately $2,052,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of IVE. Sutton Place Investors LLC grew its position in iShares S&P 500 Value ETF by 9.3% in the 2nd quarter. Sutton Place Investors LLC now owns 5,704 shares of the company’s stock valued at $1,038,000 after acquiring an additional 483 shares during the last quarter. NBC Securities Inc. lifted its holdings in iShares S&P 500 Value ETF by 33.3% during the 3rd quarter. NBC Securities Inc. now owns 2,148 shares of the company’s stock valued at $423,000 after buying an additional 536 shares in the last quarter. Financial Partners Group Inc lifted its holdings in iShares S&P 500 Value ETF by 2.7% during the 2nd quarter. Financial Partners Group Inc now owns 2,784 shares of the company’s stock valued at $507,000 after buying an additional 74 shares in the last quarter. Ausdal Financial Partners Inc. grew its stake in iShares S&P 500 Value ETF by 81.0% in the 3rd quarter. Ausdal Financial Partners Inc. now owns 46,203 shares of the company’s stock worth $9,110,000 after acquiring an additional 20,674 shares in the last quarter. Finally, Concourse Financial Group Securities Inc. increased its position in shares of iShares S&P 500 Value ETF by 7.0% during the third quarter. Concourse Financial Group Securities Inc. now owns 53,260 shares of the company’s stock worth $10,501,000 after acquiring an additional 3,500 shares during the period.

iShares S&P 500 Value ETF Stock Down 0.6 %

Shares of NYSEARCA IVE opened at $200.20 on Friday. iShares S&P 500 Value ETF has a twelve month low of $161.43 and a twelve month high of $203.67. The business has a fifty day simple moving average of $196.89 and a two-hundred day simple moving average of $189.46. The firm has a market cap of $35.87 billion, a PE ratio of 23.79 and a beta of 0.81.

iShares S&P 500 Value ETF Company 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.