World Equity Group Inc. Increases Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

World Equity Group Inc. increased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 68.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,381 shares of the company’s stock after purchasing an additional 1,372 shares during the period. World Equity Group Inc.’s holdings in iShares S&P 500 Value ETF were worth $646,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Alpha Financial Partners LLC purchased a new position in shares of iShares S&P 500 Value ETF in the third quarter valued at $7,385,000. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of iShares S&P 500 Value ETF by 162.3% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,017 shares of the company’s stock valued at $396,000 after purchasing an additional 1,248 shares during the period. Arkadios Wealth Advisors boosted its stake in shares of iShares S&P 500 Value ETF by 8.5% in the third quarter. Arkadios Wealth Advisors now owns 5,605 shares of the company’s stock valued at $1,105,000 after purchasing an additional 437 shares during the period. PFG Investments LLC boosted its stake in shares of iShares S&P 500 Value ETF by 63.5% in the third quarter. PFG Investments LLC now owns 6,378 shares of the company’s stock valued at $1,258,000 after purchasing an additional 2,476 shares during the period. Finally, Modera Wealth Management LLC boosted its stake in shares of iShares S&P 500 Value ETF by 3.9% in the third quarter. Modera Wealth Management LLC now owns 80,693 shares of the company’s stock valued at $15,910,000 after purchasing an additional 3,060 shares during the period.

iShares S&P 500 Value ETF Trading Down 1.0 %

Shares of IVE stock opened at $196.39 on Monday. The company has a market capitalization of $35.82 billion, a PE ratio of 22.47 and a beta of 0.95. The firm has a fifty day simple moving average of $194.14 and a 200-day simple moving average of $195.94. iShares S&P 500 Value ETF has a twelve month low of $176.09 and a twelve month high of $206.63.

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.