Private Advisor Group LLC Grows Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Private Advisor Group LLC increased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 201,170 shares of the company’s stock after acquiring an additional 4,007 shares during the period. Private Advisor Group LLC’s holdings in iShares S&P 500 Value ETF were worth $38,399,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. LexAurum Advisors LLC grew its holdings in iShares S&P 500 Value ETF by 47.2% during the 4th quarter. LexAurum Advisors LLC now owns 3,846 shares of the company’s stock valued at $734,000 after buying an additional 1,233 shares in the last quarter. Financial Synergies Wealth Advisors Inc. grew its holdings in iShares S&P 500 Value ETF by 0.6% during the 4th quarter. Financial Synergies Wealth Advisors Inc. now owns 28,709 shares of the company’s stock valued at $5,480,000 after buying an additional 160 shares in the last quarter. DAVENPORT & Co LLC grew its holdings in iShares S&P 500 Value ETF by 10.9% during the 4th quarter. DAVENPORT & Co LLC now owns 3,783 shares of the company’s stock valued at $722,000 after buying an additional 372 shares in the last quarter. Equitable Trust Co. purchased a new position in iShares S&P 500 Value ETF during the 4th quarter valued at approximately $5,806,000. Finally, EP Wealth Advisors LLC grew its holdings in iShares S&P 500 Value ETF by 3.6% during the 3rd quarter. EP Wealth Advisors LLC now owns 40,055 shares of the company’s stock valued at $7,898,000 after buying an additional 1,387 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

NYSEARCA IVE opened at $197.74 on Wednesday. The stock has a market capitalization of $36.07 billion, a PE ratio of 22.47 and a beta of 0.95. The business has a 50 day simple moving average of $194.23 and a two-hundred day simple moving average of $195.55. iShares S&P 500 Value ETF has a 1-year low of $176.09 and a 1-year high of $206.63.

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.