Cerity Partners LLC Increases Stock Position in iShares S&P 500 Value ETF $IVE

Cerity Partners LLC lifted its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 87.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 193,628 shares of the company’s stock after acquiring an additional 90,196 shares during the period. Cerity Partners LLC owned 0.09% of iShares S&P 500 Value ETF worth $41,063,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Hilton Head Capital Partners LLC purchased a new position in shares of iShares S&P 500 Value ETF during the fourth quarter worth approximately $25,000. Decker Retirement Planning Inc. purchased a new position in shares of iShares S&P 500 Value ETF during the fourth quarter worth approximately $26,000. United Services Automobile Association purchased a new position in shares of iShares S&P 500 Value ETF during the second quarter worth approximately $26,000. Palisade Asset Management LLC purchased a new position in shares of iShares S&P 500 Value ETF during the third quarter worth approximately $29,000. Finally, Ransom Advisory Ltd purchased a new position in shares of iShares S&P 500 Value ETF during the fourth quarter worth approximately $31,000.

iShares S&P 500 Value ETF Trading Down 0.8%

Shares of IVE opened at $224.68 on Thursday. The firm has a market cap of $49.61 billion, a PE ratio of 20.70 and a beta of 0.82. The company’s 50 day simple moving average is $222.05 and its 200-day simple moving average is $217.58. iShares S&P 500 Value ETF has a 12-month low of $189.66 and a 12-month high of $229.53.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.