PFG Advisors Purchases 1,935 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

PFG Advisors increased its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 21.9% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 10,787 shares of the company’s stock after acquiring an additional 1,935 shares during the period. PFG Advisors’ holdings in iShares S&P 500 Value ETF were worth $1,963,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Palisade Asset Management LLC bought a new stake in shares of iShares S&P 500 Value ETF during the first quarter worth about $26,000. Vima LLC acquired a new position in iShares S&P 500 Value ETF in the 4th quarter valued at approximately $27,000. CarsonAllaria Wealth Management Ltd. raised its stake in shares of iShares S&P 500 Value ETF by 289.5% during the first quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock valued at $28,000 after acquiring an additional 110 shares during the last quarter. Northwest Investment Counselors LLC acquired a new position in shares of iShares S&P 500 Value ETF during the first quarter worth $29,000. Finally, Fortis Group Advisors LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 100.0% during the fourth quarter. Fortis Group Advisors LLC now owns 200 shares of the company’s stock worth $35,000 after purchasing an additional 100 shares during the period.

iShares S&P 500 Value ETF Stock Up 0.5 %

NYSEARCA IVE opened at $193.10 on Friday. The company has a market capitalization of $34.59 billion, a price-to-earnings 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 $196.36. The stock has a fifty day simple moving average of $189.14 and a 200 day simple moving average of $184.60.

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.