iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Bought by Regal Wealth Group Inc.

Regal Wealth Group Inc. lifted its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.9% in the 2nd quarter, Holdings Channel.com reports. The fund owned 154,176 shares of the company’s stock after acquiring an additional 2,853 shares during the period. iShares S&P 500 Value ETF makes up 12.5% of Regal Wealth Group Inc.’s investment portfolio, making the stock its 2nd largest position. Regal Wealth Group Inc.’s holdings in iShares S&P 500 Value ETF were worth $17,972,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Quad Cities Investment Group LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 1,564.3% in the 1st quarter. Quad Cities Investment Group LLC now owns 233 shares of the company’s stock worth $26,000 after purchasing an additional 219 shares during the last quarter. Farmers National Bank bought a new stake in shares of iShares S&P 500 Value ETF in the 1st quarter worth approximately $45,000. Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 3,006.7% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 466 shares of the company’s stock worth $53,000 after purchasing an additional 451 shares during the last quarter. Howe & Rusling Inc. bought a new stake in shares of iShares S&P 500 Value ETF in the 1st quarter worth approximately $68,000. Finally, Covenant Multifamily Offices LLC bought a new stake in shares of iShares S&P 500 Value ETF in the 1st quarter worth approximately $77,000.

Shares of NYSEARCA IVE traded down $0.34 during mid-day trading on Tuesday, hitting $119.36. The company had a trading volume of 8,579 shares, compared to its average volume of 848,779. iShares S&P 500 Value ETF has a 12 month low of $94.72 and a 12 month high of $119.94. The firm’s 50 day simple moving average is $117.25.

iShares S&P 500 Value ETF 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.

Further Reading: Investing in Blue-Chip Stocks

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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