iShares S&P 500 Value ETF $IVE Position Boosted by Strategic Point Investment Advisors LLC

Strategic Point Investment Advisors LLC raised its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.6% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 241,741 shares of the company’s stock after purchasing an additional 3,784 shares during the period. iShares S&P 500 Value ETF accounts for about 7.1% of Strategic Point Investment Advisors LLC’s investment portfolio, making the stock its 5th biggest holding. Strategic Point Investment Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $51,266,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. FLP Wealth Management LLC boosted its position in shares of iShares S&P 500 Value ETF by 628.5% in the third quarter. FLP Wealth Management LLC now owns 16,727 shares of the company’s stock worth $3,454,000 after purchasing an additional 14,431 shares during the period. Great Point Wealth Advisors LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at $2,478,000. Detalus Advisors LLC raised its position in shares of iShares S&P 500 Value ETF by 3.6% during the 3rd quarter. Detalus Advisors LLC now owns 84,033 shares of the company’s stock valued at $17,354,000 after purchasing an additional 2,909 shares during the period. Curbstone Financial Management Corp purchased a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at $564,000. Finally, BIP Wealth LLC lifted its stake in shares of iShares S&P 500 Value ETF by 185.4% during the 3rd quarter. BIP Wealth LLC now owns 6,001 shares of the company’s stock valued at $1,239,000 after buying an additional 3,898 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of iShares S&P 500 Value ETF stock opened at $207.63 on Tuesday. iShares S&P 500 Value ETF has a fifty-two week low of $165.45 and a fifty-two week high of $223.05. The company has a market capitalization of $46.90 billion, a P/E ratio of 20.70 and a beta of 0.89. The company has a fifty day moving average of $216.79 and a 200 day moving average of $212.28.

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.