Madrona Financial Services LLC Takes Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Madrona Financial Services LLC bought a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 31,055 shares of the company’s stock, valued at approximately $6,123,000. iShares S&P 500 Value ETF accounts for approximately 1.7% of Madrona Financial Services LLC’s investment portfolio, making the stock its 17th biggest holding.

A number of other large investors have also recently bought and sold shares of IVE. Fisher Asset Management LLC acquired a new stake in iShares S&P 500 Value ETF during the 4th quarter valued at approximately $251,000. Apella Capital LLC lifted its position in iShares S&P 500 Value ETF by 97.6% during the first quarter. Apella Capital LLC now owns 2,425 shares of the company’s stock valued at $447,000 after purchasing an additional 1,198 shares during the period. Aprio Wealth Management LLC acquired a new position in shares of iShares S&P 500 Value ETF in the 1st quarter valued at about $213,000. LexAurum Advisors LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter worth approximately $452,000. Finally, RFG Advisory LLC lifted its stake in shares of iShares S&P 500 Value ETF by 200.3% in the 1st quarter. RFG Advisory LLC now owns 30,233 shares of the company’s stock valued at $5,648,000 after purchasing an additional 20,165 shares during the period.

iShares S&P 500 Value ETF Stock Down 0.2 %

Shares of iShares S&P 500 Value ETF stock opened at $200.41 on Friday. The firm has a market cap of $35.90 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a twelve month low of $147.23 and a twelve month high of $201.08. The business has a 50-day moving average price of $194.33 and a 200 day moving average price of $187.10.

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.