Alta Wealth Advisors LLC Boosts Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Alta Wealth Advisors LLC grew its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 14.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,127 shares of the company’s stock after purchasing an additional 1,967 shares during the period. iShares S&P 500 Value ETF makes up 1.3% of Alta Wealth Advisors LLC’s portfolio, making the stock its 21st biggest holding. Alta Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $2,887,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in IVE. International Assets Investment Management LLC grew its holdings in shares of iShares S&P 500 Value ETF by 18,046.1% during the 3rd quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock valued at $262,938,000 after purchasing an additional 1,326,211 shares during the last quarter. USA Financial Formulas purchased a new position in iShares S&P 500 Value ETF in the 4th quarter worth approximately $77,191,000. PNC Financial Services Group Inc. lifted its position in iShares S&P 500 Value ETF by 7.6% in the third quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock valued at $389,537,000 after purchasing an additional 139,651 shares during the last quarter. Kovitz Investment Group Partners LLC boosted its stake in shares of iShares S&P 500 Value ETF by 28.7% during the third quarter. Kovitz Investment Group Partners LLC now owns 613,456 shares of the company’s stock valued at $120,955,000 after purchasing an additional 136,769 shares during the period. Finally, World Investment Advisors LLC grew its holdings in shares of iShares S&P 500 Value ETF by 1,511.5% in the third quarter. World Investment Advisors LLC now owns 112,303 shares of the company’s stock worth $22,220,000 after purchasing an additional 105,334 shares during the last quarter.

iShares S&P 500 Value ETF Stock Up 0.1 %

Shares of IVE opened at $197.41 on Friday. The firm has a fifty day simple moving average of $196.24 and a two-hundred day simple moving average of $194.81. iShares S&P 500 Value ETF has a twelve month low of $173.01 and a twelve month high of $206.63. The stock has a market capitalization of $35.37 billion, a P/E ratio of 23.79 and a beta of 0.81.

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.