Merkkuri Wealth Advisors LLC Has $922,000 Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Merkkuri Wealth Advisors LLC grew its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 17.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 4,833 shares of the company’s stock after purchasing an additional 724 shares during the period. Merkkuri Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $922,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC raised its holdings in iShares S&P 500 Value ETF by 18,046.1% during the 3rd quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock worth $262,938,000 after purchasing an additional 1,326,211 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in shares of iShares S&P 500 Value ETF during the second quarter worth approximately $82,555,000. USA Financial Formulas bought a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter worth approximately $77,191,000. The Manufacturers Life Insurance Company boosted its stake in iShares S&P 500 Value ETF by 43.2% in the second quarter. The Manufacturers Life Insurance Company now owns 918,220 shares of the company’s stock valued at $167,125,000 after acquiring an additional 277,110 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in iShares S&P 500 Value ETF by 7.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock worth $389,537,000 after acquiring an additional 139,651 shares during the period.

iShares S&P 500 Value ETF Stock Down 0.2 %

IVE stock opened at $196.15 on Friday. iShares S&P 500 Value ETF has a twelve month low of $173.01 and a twelve month high of $206.63. The company has a market cap of $35.14 billion, a P/E ratio of 23.79 and a beta of 0.81. The business’s fifty day moving average is $196.39 and its 200-day moving average is $194.46.

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.