9,200 Shares in iShares S&P 500 Value ETF $IVE Acquired by Financial Solutions Advisory Group Inc.

Financial Solutions Advisory Group Inc. acquired a new stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 9,200 shares of the company’s stock, valued at approximately $1,943,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its holdings 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 valued at $47,492,000 after buying an additional 110,058 shares in the last quarter. FLP Wealth Management LLC boosted its stake in shares of iShares S&P 500 Value ETF by 1,182.9% during the 4th 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 in the last quarter. Assetmark Inc. boosted its stake in shares of iShares S&P 500 Value ETF by 30.3% during the 4th quarter. Assetmark Inc. now owns 22,567 shares of the company’s stock worth $4,786,000 after acquiring an additional 5,244 shares in the last quarter. TSA Wealth Managment LLC increased its holdings in shares of iShares S&P 500 Value ETF by 49.4% during the 4th quarter. TSA Wealth Managment LLC now owns 63,045 shares of the company’s stock valued at $13,370,000 after acquiring an additional 20,845 shares during the last quarter. Finally, Diversify Advisory Services LLC increased its holdings in shares of iShares S&P 500 Value ETF by 31.7% during the 4th quarter. Diversify Advisory Services LLC now owns 27,749 shares of the company’s stock valued at $6,029,000 after acquiring an additional 6,675 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE stock opened at $231.71 on Friday. The stock’s 50 day simple moving average is $228.83 and its 200 day simple moving average is $221.90. iShares S&P 500 Value ETF has a twelve month low of $193.90 and a twelve month high of $234.91. The company has a market capitalization of $48.97 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82.

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.