First Horizon Advisors Inc. Boosts Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

First Horizon Advisors Inc. grew its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 10.2% during the 3rd quarter, Holdings Channel reports. The firm owned 59,170 shares of the company’s stock after buying an additional 5,493 shares during the period. First Horizon Advisors Inc.’s holdings in iShares S&P 500 Value ETF were worth $11,667,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. Kirtland Hills Capital Management LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the third quarter valued at $281,000. Commerce Bank grew its holdings in shares of iShares S&P 500 Value ETF by 5.1% during the third quarter. Commerce Bank now owns 9,118 shares of the company’s stock worth $1,798,000 after buying an additional 441 shares in the last quarter. PNC Financial Services Group Inc. raised its position in shares of iShares S&P 500 Value ETF by 7.6% in 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 buying an additional 139,651 shares during the last quarter. Spectrum Planning & Advisory Services Inc. lifted its stake in shares of iShares S&P 500 Value ETF by 9.8% during the third quarter. Spectrum Planning & Advisory Services Inc. now owns 19,494 shares of the company’s stock valued at $3,844,000 after buying an additional 1,745 shares during the period. Finally, Prospera Financial Services Inc boosted its position in iShares S&P 500 Value ETF by 14.3% during the third quarter. Prospera Financial Services Inc now owns 24,102 shares of the company’s stock worth $4,753,000 after acquiring an additional 3,016 shares during the last quarter.

iShares S&P 500 Value ETF Trading Down 0.5 %

iShares S&P 500 Value ETF stock opened at $199.53 on Wednesday. The firm has a market capitalization of $35.75 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 52 week low of $162.43 and a 52 week high of $203.67. The stock has a fifty day moving average price of $197.48 and a 200 day moving average price of $190.11.

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.