Renaissance Technologies LLC Buys Shares of 13,300 iShares S&P 500 Value ETF (IVE)

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Renaissance Technologies LLC bought a new stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 13,300 shares of the company’s stock, valued at approximately $1,465,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Global Retirement Partners LLC raised its stake in iShares S&P 500 Value ETF by 8.9% during the 2nd quarter. Global Retirement Partners LLC now owns 15,822 shares of the company’s stock valued at $1,742,000 after buying an additional 1,294 shares during the last quarter. Ropes Wealth Advisors LLC grew its position in shares of iShares S&P 500 Value ETF by 78.0% during the 2nd quarter. Ropes Wealth Advisors LLC now owns 1,036 shares of the company’s stock valued at $114,000 after acquiring an additional 454 shares during the period. Envestnet Asset Management Inc. grew its position in shares of iShares S&P 500 Value ETF by 6.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,511,426 shares of the company’s stock valued at $606,973,000 after acquiring an additional 345,218 shares during the period. Stephens Inc. AR grew its position in shares of iShares S&P 500 Value ETF by 1.2% during the 2nd quarter. Stephens Inc. AR now owns 67,026 shares of the company’s stock valued at $7,382,000 after acquiring an additional 792 shares during the period. Finally, RPg Family Wealth Advisory LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 2nd quarter valued at $188,000.

Shares of IVE stock opened at $107.47 on Tuesday. iShares S&P 500 Value ETF has a 1 year low of $105.81 and a 1 year high of $121.12.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 2nd. Stockholders of record on Thursday, September 27th were given a dividend of $0.6828 per share. This represents a $2.73 dividend on an annualized basis and a dividend yield of 2.54%. The ex-dividend date was Wednesday, September 26th.

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.

Further Reading: How to interpret a stock’s beta number

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

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