IFP Advisors Inc Boosts Stake in iShares S&P 500 Value ETF $IVE

IFP Advisors Inc raised its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 41.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 88,919 shares of the company’s stock after buying an additional 26,215 shares during the period. IFP Advisors Inc’s holdings in iShares S&P 500 Value ETF were worth $18,857,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Detalus Advisors LLC raised its stake in iShares S&P 500 Value ETF by 3.6% during the third quarter. Detalus Advisors LLC now owns 84,033 shares of the company’s stock worth $17,354,000 after acquiring an additional 2,909 shares during the period. BIP Wealth LLC raised its stake in iShares S&P 500 Value ETF by 185.4% during the third quarter. BIP Wealth LLC now owns 6,001 shares of the company’s stock worth $1,239,000 after acquiring an additional 3,898 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its stake in iShares S&P 500 Value ETF by 96.6% during the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 223,947 shares of the company’s stock worth $47,492,000 after acquiring an additional 110,058 shares during the period. Arkadios Wealth Advisors raised its stake in iShares S&P 500 Value ETF by 7.1% during the third quarter. Arkadios Wealth Advisors now owns 61,315 shares of the company’s stock worth $12,662,000 after acquiring an additional 4,048 shares during the period. Finally, FLP Wealth Management LLC raised its stake in iShares S&P 500 Value ETF by 1,182.9% during the fourth quarter. FLP Wealth Management LLC now owns 23,964 shares of the company’s stock worth $5,082,000 after acquiring an additional 22,096 shares during the period.

iShares S&P 500 Value ETF Stock Down 0.2%

IVE opened at $224.46 on Wednesday. The firm has a market cap of $49.56 billion, a price-to-earnings ratio of 20.70 and a beta of 0.83. iShares S&P 500 Value ETF has a fifty-two week low of $185.34 and a fifty-two week high of $225.90. The company’s 50-day moving average price is $216.97 and its 200 day moving average price is $215.45.

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. 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.