Focus Financial Network Inc. Purchases 3,477 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Focus Financial Network Inc. grew its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 8.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 46,598 shares of the company’s stock after acquiring an additional 3,477 shares during the period. Focus Financial Network Inc.’s holdings in iShares S&P 500 Value ETF were worth $8,895,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in iShares S&P 500 Value ETF by 100.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock worth $29,000 after buying an additional 76 shares during the period. Northwest Investment Counselors LLC bought a new position in shares of iShares S&P 500 Value ETF during the third quarter valued at approximately $31,000. Valued Wealth Advisors LLC purchased a new stake in iShares S&P 500 Value ETF in the third quarter worth $35,000. Perkins Coie Trust Co bought a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at $35,000. Finally, Copley Financial Group Inc. purchased a new position in iShares S&P 500 Value ETF during the 3rd quarter valued at $36,000.

iShares S&P 500 Value ETF Price Performance

IVE stock opened at $195.30 on Tuesday. iShares S&P 500 Value ETF has a 1 year low of $173.01 and a 1 year high of $206.63. The company has a market cap of $34.99 billion, a P/E ratio of 23.79 and a beta of 0.81. The firm has a 50-day moving average of $195.01 and a 200 day moving average of $195.26.

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.