Oppenheimer & Co. Inc. Raises Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Oppenheimer & Co. Inc. raised its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 14.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,313 shares of the company’s stock after purchasing an additional 3,213 shares during the period. Oppenheimer & Co. Inc.’s holdings in iShares S&P 500 Value ETF were worth $4,991,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. CGN Advisors LLC increased its position in shares of iShares S&P 500 Value ETF by 3.0% during the second quarter. CGN Advisors LLC now owns 1,860 shares of the company’s stock worth $339,000 after purchasing an additional 55 shares in the last quarter. Capital Square LLC raised its position in shares of iShares S&P 500 Value ETF by 1.3% in the second quarter. Capital Square LLC now owns 4,339 shares of the company’s stock valued at $816,000 after buying an additional 55 shares during the last quarter. HighMark Wealth Management LLC grew its stake in iShares S&P 500 Value ETF by 0.7% during the 2nd quarter. HighMark Wealth Management LLC now owns 8,208 shares of the company’s stock valued at $1,494,000 after acquiring an additional 56 shares in the last quarter. GDS Wealth Management raised its holdings in iShares S&P 500 Value ETF by 3.3% in the 3rd quarter. GDS Wealth Management now owns 1,765 shares of the company’s stock valued at $348,000 after acquiring an additional 56 shares during the last quarter. Finally, Jaffetilchin Investment Partners LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 0.8% during the 2nd quarter. Jaffetilchin Investment Partners LLC now owns 7,025 shares of the company’s stock worth $1,279,000 after purchasing an additional 57 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA:IVE opened at $200.20 on Friday. iShares S&P 500 Value ETF has a one year low of $161.43 and a one year high of $203.67. The stock has a market cap of $35.87 billion, a PE ratio of 23.79 and a beta of 0.81. The stock has a 50 day moving average price of $196.89 and a 200 day moving average price of $189.46.

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.