Lantz Financial LLC Acquires 2,791 Shares of iShares S&P 500 Value ETF $IVE

Lantz Financial LLC boosted its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 11.3% during the third quarter, Holdings Channel.com reports. The fund owned 27,407 shares of the company’s stock after buying an additional 2,791 shares during the quarter. iShares S&P 500 Value ETF accounts for 1.3% of Lantz Financial LLC’s investment portfolio, making the stock its 18th largest holding. Lantz Financial LLC’s holdings in iShares S&P 500 Value ETF were worth $5,660,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Dumont & Blake Investment Advisors LLC increased its position in shares of iShares S&P 500 Value ETF by 0.5% in the third quarter. Dumont & Blake Investment Advisors LLC now owns 10,795 shares of the company’s stock worth $2,229,000 after purchasing an additional 49 shares during the last quarter. Signal Advisors Wealth LLC grew its stake in iShares S&P 500 Value ETF by 0.6% in the 3rd quarter. Signal Advisors Wealth LLC now owns 9,010 shares of the company’s stock worth $1,861,000 after buying an additional 51 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC grew its stake in iShares S&P 500 Value ETF by 2.2% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,749 shares of the company’s stock worth $537,000 after buying an additional 59 shares in the last quarter. CPC Advisors LLC increased its holdings in shares of iShares S&P 500 Value ETF by 4.9% in the 3rd quarter. CPC Advisors LLC now owns 1,255 shares of the company’s stock worth $259,000 after buying an additional 59 shares during the last quarter. Finally, Pinnacle Associates Ltd. raised its position in shares of iShares S&P 500 Value ETF by 0.8% during the 2nd quarter. Pinnacle Associates Ltd. now owns 8,323 shares of the company’s stock valued at $1,626,000 after buying an additional 62 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE opened at $222.07 on Friday. iShares S&P 500 Value ETF has a 52-week low of $165.45 and a 52-week high of $222.31. The company has a fifty day moving average of $214.92 and a 200-day moving average of $208.30. The company has a market capitalization of $50.17 billion, a P/E ratio of 20.70 and a beta of 0.89.

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. 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.