iShares S&P 500 Value ETF (NYSEARCA:IVE) Stake Boosted by Theory Financial LLC

Theory Financial LLC increased its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,260 shares of the company’s stock after buying an additional 794 shares during the quarter. Theory Financial LLC’s holdings in iShares S&P 500 Value ETF were worth $2,149,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. LexAurum Advisors LLC grew its holdings in iShares S&P 500 Value ETF by 47.2% in the 4th quarter. LexAurum Advisors LLC now owns 3,846 shares of the company’s stock worth $734,000 after buying an additional 1,233 shares in the last quarter. Financial Synergies Wealth Advisors Inc. lifted its position in iShares S&P 500 Value ETF by 0.6% in the fourth quarter. Financial Synergies Wealth Advisors Inc. now owns 28,709 shares of the company’s stock worth $5,480,000 after purchasing an additional 160 shares during the period. DAVENPORT & Co LLC lifted its position in iShares S&P 500 Value ETF by 10.9% in the fourth quarter. DAVENPORT & Co LLC now owns 3,783 shares of the company’s stock worth $722,000 after purchasing an additional 372 shares during the period. Equitable Trust Co. acquired a new stake in iShares S&P 500 Value ETF in the fourth quarter worth approximately $5,806,000. Finally, EP Wealth Advisors LLC lifted its position in iShares S&P 500 Value ETF by 3.6% in the third quarter. EP Wealth Advisors LLC now owns 40,055 shares of the company’s stock worth $7,898,000 after purchasing an additional 1,387 shares during the period.

iShares S&P 500 Value ETF Price Performance

IVE opened at $196.39 on Friday. The company has a market capitalization of $35.82 billion, a price-to-earnings ratio of 22.47 and a beta of 0.95. iShares S&P 500 Value ETF has a 1-year low of $176.09 and a 1-year high of $206.63. The business has a 50 day moving average price of $194.14 and a two-hundred day moving average price of $195.85.

About iShares S&P 500 Value ETF

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.