Professional Financial Advisors LLC Purchases 467 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Professional Financial Advisors LLC lifted its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 8.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 5,706 shares of the company’s stock after acquiring an additional 467 shares during the quarter. Professional Financial Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $1,089,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. NBC Securities Inc. grew its position in iShares S&P 500 Value ETF by 33.3% in the third quarter. NBC Securities Inc. now owns 2,148 shares of the company’s stock worth $423,000 after acquiring an additional 536 shares in the last quarter. Ausdal Financial Partners Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 81.0% in the 3rd quarter. Ausdal Financial Partners Inc. now owns 46,203 shares of the company’s stock worth $9,110,000 after acquiring an additional 20,674 shares during the last quarter. Concourse Financial Group Securities Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 7.0% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 53,260 shares of the company’s stock worth $10,501,000 after acquiring an additional 3,500 shares during the last quarter. Cornell Pochily Investment Advisors Inc. grew its holdings in shares of iShares S&P 500 Value ETF by 31.3% during the 3rd quarter. Cornell Pochily Investment Advisors Inc. now owns 3,060 shares of the company’s stock valued at $603,000 after purchasing an additional 730 shares during the last quarter. Finally, High Falls Advisors Inc increased its holdings in shares of iShares S&P 500 Value ETF by 3.1% in the second quarter. High Falls Advisors Inc now owns 74,353 shares of the company’s stock worth $13,533,000 after buying an additional 2,223 shares during the period.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE stock opened at $189.42 on Tuesday. The company has a market capitalization of $33.93 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a fifty-two week low of $170.13 and a fifty-two week high of $206.63. The stock has a 50 day moving average price of $197.53 and a two-hundred day moving average price of $193.84.

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.