Concourse Financial Group Securities Inc. Grows Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Concourse Financial Group Securities Inc. boosted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,742 shares of the company’s stock after buying an additional 695 shares during the quarter. Concourse Financial Group Securities Inc.’s holdings in iShares S&P 500 Value ETF were worth $2,737,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of IVE. International Assets Investment Management LLC boosted its position in iShares S&P 500 Value ETF by 17,397.0% during the fourth quarter. International Assets Investment Management LLC now owns 1,119,109 shares of the company’s stock worth $194,602,000 after acquiring an additional 1,112,713 shares during the last quarter. Charles Schwab Investment Management Inc. purchased a new stake in shares of iShares S&P 500 Value ETF in the third quarter valued at approximately $93,051,000. Calamos Wealth Management LLC increased its holdings in shares of iShares S&P 500 Value ETF by 778.4% in the fourth quarter. Calamos Wealth Management LLC now owns 472,801 shares of the company’s stock valued at $82,215,000 after purchasing an additional 418,976 shares during the last quarter. Comerica Bank purchased a new position in iShares S&P 500 Value ETF during the third quarter worth approximately $62,554,000. Finally, Corient Private Wealth LLC boosted its stake in iShares S&P 500 Value ETF by 1,513.6% during the third quarter. Corient Private Wealth LLC now owns 379,169 shares of the company’s stock worth $58,331,000 after buying an additional 355,670 shares during the last quarter.

iShares S&P 500 Value ETF Stock Up 0.9 %

Shares of IVE traded up $1.62 during midday trading on Thursday, reaching $183.78. The company had a trading volume of 279,492 shares, compared to its average volume of 928,100. iShares S&P 500 Value ETF has a 1-year low of $147.23 and a 1-year high of $187.24. The firm has a 50 day simple moving average of $181.78 and a 200-day simple moving average of $173.36. The stock has a market cap of $32.92 billion, a PE ratio of 23.38 and a beta of 0.84.

iShares S&P 500 Value ETF Company 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.