Mercer Global Advisors Inc. ADV Has $4.23 Million Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Mercer Global Advisors Inc. ADV increased its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.2% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 28,665 shares of the company’s stock after buying an additional 621 shares during the quarter. Mercer Global Advisors Inc. ADV’s holdings in iShares S&P 500 Value ETF were worth $4,232,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of IVE. Graypoint LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 1,592.0% during the first quarter. Graypoint LLC now owns 761,312 shares of the company’s stock worth $7,437,000 after purchasing an additional 716,316 shares during the period. Stifel Financial Corp lifted its stake in iShares S&P 500 Value ETF by 23.1% in the first quarter. Stifel Financial Corp now owns 2,593,470 shares of the company’s stock valued at $366,301,000 after acquiring an additional 486,960 shares during the last quarter. Lido Advisors LLC lifted its stake in iShares S&P 500 Value ETF by 98.5% in the first quarter. Lido Advisors LLC now owns 723,254 shares of the company’s stock valued at $102,152,000 after acquiring an additional 358,928 shares during the last quarter. Morgan Stanley lifted its stake in iShares S&P 500 Value ETF by 3.1% in the first quarter. Morgan Stanley now owns 11,214,720 shares of the company’s stock valued at $1,583,966,000 after acquiring an additional 334,968 shares during the last quarter. Finally, CIBC Asset Management Inc acquired a new stake in iShares S&P 500 Value ETF in the first quarter valued at approximately $39,833,000.

NYSEARCA IVE opened at $148.16 on Friday. The company has a 50 day moving average price of $149.51 and a two-hundred day moving average price of $146.95. iShares S&P 500 Value ETF has a 12-month low of $108.20 and a 12-month high of $152.23.

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.

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Want to see what other hedge funds are holding IVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Value ETF (NYSEARCA:IVE).

Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

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