iShares S&P 500 Value ETF $IVE Shares Bought by Newport Capital Group LLC

Newport Capital Group LLC boosted its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 618.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 43,386 shares of the company’s stock after buying an additional 37,344 shares during the period. iShares S&P 500 Value ETF makes up about 6.8% of Newport Capital Group LLC’s portfolio, making the stock its 5th largest position. Newport Capital Group LLC’s holdings in iShares S&P 500 Value ETF were worth $10,187,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in IVE. Trail Ridge Investment Advisors LLC raised its position in iShares S&P 500 Value ETF by 4.2% in the 3rd quarter. Trail Ridge Investment Advisors LLC now owns 15,906 shares of the company’s stock valued at $3,631,000 after buying an additional 641 shares during the last quarter. Neumann Capital Management LLC boosted its holdings in iShares S&P 500 Value ETF by 1.7% during the 3rd quarter. Neumann Capital Management LLC now owns 9,164 shares of the company’s stock worth $2,092,000 after acquiring an additional 155 shares during the last quarter. Activest Wealth Management grew its stake in shares of iShares S&P 500 Value ETF by 112.6% in the 3rd quarter. Activest Wealth Management now owns 1,569 shares of the company’s stock worth $358,000 after acquiring an additional 831 shares in the last quarter. Walser Wealth Management Company A Ltd Liability Co grew its stake in shares of iShares S&P 500 Value ETF by 16.5% in the 3rd quarter. Walser Wealth Management Company A Ltd Liability Co now owns 1,074 shares of the company’s stock worth $245,000 after acquiring an additional 152 shares in the last quarter. Finally, Two West Capital Advisors LLC grew its stake in shares of iShares S&P 500 Value ETF by 9.2% in the 3rd quarter. Two West Capital Advisors LLC now owns 12,536 shares of the company’s stock worth $2,875,000 after acquiring an additional 1,055 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA:IVE traded down $0.20 on Friday, hitting $235.46. The stock had a trading volume of 1,226,593 shares, compared to its average volume of 938,201. iShares S&P 500 Value ETF has a 1 year low of $203.15 and a 1 year high of $239.93. The firm’s fifty day simple moving average is $234.41 and its two-hundred day simple moving average is $228.61. The stock has a market cap of $49.82 billion, a P/E ratio of 20.70 and a beta of 0.83.

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.