Traynor Capital Management Inc. Has $9.45 Million Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Traynor Capital Management Inc. increased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.4% in the first quarter, according to its most recent filing with the SEC. The fund owned 83,813 shares of the company’s stock after acquiring an additional 302 shares during the period. iShares S&P 500 Value ETF comprises 3.2% of Traynor Capital Management Inc.’s portfolio, making the stock its 7th biggest position. Traynor Capital Management Inc. owned about 0.06% of iShares S&P 500 Value ETF worth $9,449,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Atlas Brown Inc. raised its position in iShares S&P 500 Value ETF by 13.9% during the 1st quarter. Atlas Brown Inc. now owns 3,687 shares of the company’s stock valued at $416,000 after purchasing an additional 451 shares in the last quarter. Gradient Investments LLC increased its holdings in shares of iShares S&P 500 Value ETF by 485,915.4% in the 1st quarter. Gradient Investments LLC now owns 379,092 shares of the company’s stock valued at $42,739,000 after acquiring an additional 379,014 shares during the period. Lake Street Financial LLC purchased a new position in shares of iShares S&P 500 Value ETF in the 1st quarter valued at $424,000. Pathway Financial Advisors LLC increased its holdings in shares of iShares S&P 500 Value ETF by 11.2% in the 1st quarter. Pathway Financial Advisors LLC now owns 37,408 shares of the company’s stock valued at $4,217,000 after acquiring an additional 3,764 shares during the period. Finally, Gofen & Glossberg LLC IL increased its holdings in shares of iShares S&P 500 Value ETF by 2.6% in the 1st quarter. Gofen & Glossberg LLC IL now owns 6,309 shares of the company’s stock valued at $711,000 after acquiring an additional 160 shares during the period.

Shares of IVE stock opened at $117.48 on Friday. iShares S&P 500 Value ETF has a 1-year low of $94.72 and a 1-year high of $118.81.

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

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