iShares S&P 500 Value ETF $IVE Shares Acquired by IFP Advisors Inc

IFP Advisors Inc grew its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 44.5% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 62,783 shares of the company’s stock after acquiring an additional 19,328 shares during the quarter. IFP Advisors Inc’s holdings in iShares S&P 500 Value ETF were worth $12,965,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. United Services Automobile Association purchased a new stake in iShares S&P 500 Value ETF during the second quarter worth approximately $26,000. Palisade Asset Management LLC purchased a new position in iShares S&P 500 Value ETF in the third quarter valued at approximately $29,000. Center for Financial Planning Inc. acquired a new stake in iShares S&P 500 Value ETF during the third quarter worth approximately $32,000. Tripletail Wealth Management LLC acquired a new stake in iShares S&P 500 Value ETF during the third quarter worth approximately $37,000. Finally, Rossmore Private Capital purchased a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter worth approximately $44,000.

iShares S&P 500 Value ETF Trading Down 1.5%

Shares of NYSEARCA:IVE opened at $209.93 on Thursday. The firm has a 50 day simple moving average of $218.05 and a 200-day simple moving average of $211.88. iShares S&P 500 Value ETF has a twelve month low of $165.45 and a twelve month high of $223.05. The company has a market capitalization of $47.42 billion, a PE ratio of 20.70 and a beta of 0.89.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.