BNP Paribas Arbitrage SNC Buys 26,649 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

BNP Paribas Arbitrage SNC increased its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Get Rating) by 25.7% during the 3rd quarter, Holdings Channel reports. The fund owned 130,306 shares of the company’s stock after acquiring an additional 26,649 shares during the period. BNP Paribas Arbitrage SNC’s holdings in iShares S&P 500 Value ETF were worth $16,747,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of IVE. JPMorgan Chase & Co. boosted its stake in iShares S&P 500 Value ETF by 9.4% during the second quarter. JPMorgan Chase & Co. now owns 22,335,021 shares of the company’s stock worth $3,070,171,000 after acquiring an additional 1,910,703 shares in the last quarter. Lido Advisors LLC boosted its stake in iShares S&P 500 Value ETF by 128.8% during the first quarter. Lido Advisors LLC now owns 1,178,301 shares of the company’s stock worth $183,485,000 after acquiring an additional 663,252 shares in the last quarter. Wells Fargo & Company MN boosted its stake in iShares S&P 500 Value ETF by 3.3% during the second quarter. Wells Fargo & Company MN now owns 9,228,222 shares of the company’s stock worth $1,268,512,000 after acquiring an additional 293,273 shares in the last quarter. Cetera Advisors LLC boosted its stake in iShares S&P 500 Value ETF by 160.5% during the second quarter. Cetera Advisors LLC now owns 349,061 shares of the company’s stock worth $47,982,000 after acquiring an additional 215,083 shares in the last quarter. Finally, US Bancorp DE boosted its stake in iShares S&P 500 Value ETF by 15.9% during the third quarter. US Bancorp DE now owns 1,207,597 shares of the company’s stock worth $155,201,000 after acquiring an additional 165,942 shares in the last quarter.

iShares S&P 500 Value ETF Trading Up 1.7 %

iShares S&P 500 Value ETF stock opened at $146.59 on Wednesday. iShares S&P 500 Value ETF has a 1-year low of $127.33 and a 1-year high of $160.30. The firm has a market capitalization of $24.61 billion, a price-to-earnings ratio of 15.85 and a beta of 0.94. The firm’s fifty day moving average price is $152.37 and its two-hundred day moving average price is $145.54.

iShares S&P 500 Value ETF Profile

(Get Rating)

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.