Neumann Capital Management LLC Raises Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Neumann Capital Management LLC grew its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 9.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,415 shares of the company’s stock after buying an additional 1,010 shares during the period. Neumann Capital Management LLC’s holdings in iShares S&P 500 Value ETF were worth $2,179,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of IVE. Stifel Financial Corp boosted its stake in iShares S&P 500 Value ETF by 2.5% during the third quarter. Stifel Financial Corp now owns 2,488,560 shares of the company’s stock worth $490,670,000 after acquiring an additional 60,868 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 7.6% during the third 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 during the last quarter. International Assets Investment Management LLC grew 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 worth $262,938,000 after buying an additional 1,326,211 shares during the last quarter. Huntington National Bank grew its stake in shares of iShares S&P 500 Value ETF by 6.9% in the 3rd quarter. Huntington National Bank now owns 1,045,926 shares of the company’s stock worth $206,225,000 after buying an additional 67,448 shares during the last quarter. Finally, Park Avenue Securities LLC raised its stake in iShares S&P 500 Value ETF by 5.8% during the fourth quarter. Park Avenue Securities LLC now owns 947,689 shares of the company’s stock valued at $180,895,000 after buying an additional 51,773 shares during the last quarter.

iShares S&P 500 Value ETF Trading Up 0.6 %

iShares S&P 500 Value ETF stock opened at $196.52 on Friday. iShares S&P 500 Value ETF has a 12 month low of $172.85 and a 12 month high of $206.63. The business’s fifty day simple moving average is $196.53 and its two-hundred day simple moving average is $194.34. The company has a market capitalization of $35.21 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

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.