Wescott Financial Advisory Group LLC Buys 1,359 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Wescott Financial Advisory Group LLC lifted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 31,116 shares of the company’s stock after acquiring an additional 1,359 shares during the quarter. iShares S&P 500 Value ETF makes up approximately 0.7% of Wescott Financial Advisory Group LLC’s holdings, making the stock its 29th biggest position. Wescott Financial Advisory Group LLC’s holdings in iShares S&P 500 Value ETF were worth $6,135,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in IVE. International Assets Investment Management LLC grew its stake 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 acquiring an additional 1,326,211 shares during the period. Cetera Investment Advisers lifted its holdings in iShares S&P 500 Value ETF by 905.6% in the 1st quarter. Cetera Investment Advisers now owns 1,410,516 shares of the company’s stock worth $263,498,000 after purchasing an additional 1,270,256 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in iShares S&P 500 Value ETF in the 2nd quarter worth approximately $82,555,000. Envestnet Asset Management Inc. lifted its holdings in iShares S&P 500 Value ETF by 3.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 12,380,397 shares of the company’s stock worth $2,253,356,000 after purchasing an additional 420,007 shares in the last quarter. Finally, Liberty Wealth Management LLC lifted its holdings in iShares S&P 500 Value ETF by 618.4% in the 2nd quarter. Liberty Wealth Management LLC now owns 411,954 shares of the company’s stock worth $74,980,000 after purchasing an additional 354,613 shares in the last quarter.

iShares S&P 500 Value ETF Trading Up 0.7 %

NYSEARCA IVE opened at $203.74 on Friday. The stock’s 50 day moving average is $198.01 and its 200 day moving average is $190.47. iShares S&P 500 Value ETF has a 12 month low of $163.68 and a 12 month high of $204.00. The stock has a market cap of $36.50 billion, a PE ratio of 23.79 and a beta of 0.81.

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.