Stokes Family Office LLC Grows Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Stokes Family Office LLC boosted its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5,961.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 72,131 shares of the company’s stock after buying an additional 70,941 shares during the quarter. iShares S&P 500 Value ETF makes up about 1.7% of Stokes Family Office LLC’s holdings, making the stock its 13th largest position. Stokes Family Office LLC’s holdings in iShares S&P 500 Value ETF were worth $13,475,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Palisade Asset Management LLC acquired a new stake in iShares S&P 500 Value ETF during the first quarter worth approximately $26,000. Vima LLC purchased a new position in shares of iShares S&P 500 Value ETF during the fourth quarter worth about $27,000. Northwest Investment Counselors LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the first quarter worth about $29,000. First Pacific Financial purchased a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter valued at about $30,000. Finally, Sound Income Strategies LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at approximately $35,000.

iShares S&P 500 Value ETF Trading Up 0.6 %

IVE stock traded up $1.15 on Friday, hitting $186.07. The company’s stock had a trading volume of 530,688 shares, compared to its average volume of 780,999. iShares S&P 500 Value ETF has a 1 year low of $147.23 and a 1 year high of $187.24. The stock has a market cap of $33.33 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The firm has a 50 day moving average of $182.86 and a two-hundred day moving average of $179.87.

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.