iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Bought by Southern Capital Advisors LLC

Southern Capital Advisors LLC increased its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,106 shares of the company’s stock after acquiring an additional 665 shares during the period. iShares S&P 500 Value ETF makes up approximately 1.7% of Southern Capital Advisors LLC’s investment portfolio, making the stock its 17th biggest position. Southern Capital Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $2,978,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IVE. Palisade Asset Management LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter worth $26,000. CarsonAllaria Wealth Management Ltd. boosted its position in shares of iShares S&P 500 Value ETF by 289.5% in the first quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock worth $28,000 after buying an additional 110 shares during the period. Northwest Investment Counselors LLC purchased a new position in shares of iShares S&P 500 Value ETF during the third quarter valued at $31,000. Addison Advisors LLC raised its position in iShares S&P 500 Value ETF by 50.0% during the second quarter. Addison Advisors LLC now owns 279 shares of the company’s stock valued at $51,000 after buying an additional 93 shares during the period. Finally, TruNorth Capital Management LLC purchased a new stake in iShares S&P 500 Value ETF in the 2nd quarter worth about $65,000.

iShares S&P 500 Value ETF Price Performance

NYSEARCA IVE opened at $197.32 on Monday. The company has a 50 day simple moving average of $195.65 and a 200-day simple moving average of $187.77. iShares S&P 500 Value ETF has a 52-week low of $148.33 and a 52-week high of $201.08. The firm has a market capitalization of $35.35 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

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.