iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Bought by Custos Family Office LLC

Custos Family Office LLC lifted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 10.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,867 shares of the company’s stock after acquiring an additional 943 shares during the period. iShares S&P 500 Value ETF accounts for approximately 0.7% of Custos Family Office LLC’s portfolio, making the stock its 26th biggest holding. Custos Family Office LLC’s holdings in iShares S&P 500 Value ETF were worth $1,883,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter worth about $311,273,000. USA Financial Formulas acquired a new stake in iShares S&P 500 Value ETF during the fourth quarter worth approximately $77,191,000. Davis Selected Advisers grew its stake in iShares S&P 500 Value ETF by 1,452.8% in the 4th quarter. Davis Selected Advisers now owns 197,175 shares of the company’s stock worth $37,637,000 after acquiring an additional 184,477 shares during the period. PNC Financial Services Group Inc. raised its holdings in iShares S&P 500 Value ETF by 8.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,142,670 shares of the company’s stock valued at $408,993,000 after acquiring an additional 167,028 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC lifted its stake in shares of iShares S&P 500 Value ETF by 28.7% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 613,456 shares of the company’s stock worth $120,955,000 after purchasing an additional 136,769 shares during the period.

iShares S&P 500 Value ETF Stock Up 1.1 %

Shares of NYSEARCA:IVE opened at $190.88 on Tuesday. The company has a market cap of $37.08 billion, a P/E ratio of 22.06 and a beta of 0.94. The business has a fifty day simple moving average of $194.26 and a 200-day simple moving average of $196.19. iShares S&P 500 Value ETF has a 52 week low of $176.09 and a 52 week high of $206.63.

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.