Argent Advisors Inc. Buys 145 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Argent Advisors Inc. raised its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,656 shares of the company’s stock after purchasing an additional 145 shares during the period. Argent Advisors Inc.’s holdings in iShares S&P 500 Value ETF were worth $1,211,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Modera Wealth Management LLC boosted its holdings in iShares S&P 500 Value ETF by 4.4% in the 2nd quarter. Modera Wealth Management LLC now owns 77,633 shares of the company’s stock valued at $14,130,000 after purchasing an additional 3,250 shares during the period. HighMark Wealth Management LLC boosted its holdings in iShares S&P 500 Value ETF by 0.7% in the 2nd quarter. HighMark Wealth Management LLC now owns 8,208 shares of the company’s stock valued at $1,494,000 after purchasing an additional 56 shares during the period. Strategies Wealth Advisors LLC boosted its holdings in iShares S&P 500 Value ETF by 5.5% in the 2nd quarter. Strategies Wealth Advisors LLC now owns 13,611 shares of the company’s stock valued at $2,477,000 after purchasing an additional 713 shares during the period. Principal Financial Group Inc. boosted its holdings in iShares S&P 500 Value ETF by 1.3% in the 2nd quarter. Principal Financial Group Inc. now owns 14,342 shares of the company’s stock valued at $2,610,000 after purchasing an additional 183 shares during the period. Finally, Nations Financial Group Inc. IA ADV boosted its holdings in iShares S&P 500 Value ETF by 27.5% in the 2nd quarter. Nations Financial Group Inc. IA ADV now owns 24,218 shares of the company’s stock valued at $4,408,000 after purchasing an additional 5,222 shares during the period.

iShares S&P 500 Value ETF Stock Up 0.9 %

iShares S&P 500 Value ETF stock traded up $1.68 during mid-day trading on Friday, reaching $196.24. The company had a trading volume of 311,254 shares, compared to its average volume of 720,983. The company has a 50 day moving average of $187.09 and a 200-day moving average of $183.59. The firm has a market cap of $35.16 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 52 week low of $147.23 and a 52 week high of $196.36.

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.