Advocacy Wealth Management Services LLC Boosts Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Advocacy Wealth Management Services LLC lifted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.9% during the third quarter, HoldingsChannel reports. The institutional investor owned 159,683 shares of the company’s stock after acquiring an additional 4,562 shares during the period. iShares S&P 500 Value ETF accounts for approximately 2.5% of Advocacy Wealth Management Services LLC’s portfolio, making the stock its 16th biggest position. Advocacy Wealth Management Services LLC’s holdings in iShares S&P 500 Value ETF were worth $31,485,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of IVE. CGN Advisors LLC grew its position in iShares S&P 500 Value ETF by 3.0% during the 2nd quarter. CGN Advisors LLC now owns 1,860 shares of the company’s stock worth $339,000 after purchasing an additional 55 shares during the last quarter. Capital Square LLC grew its position in iShares S&P 500 Value ETF by 1.3% during the 2nd quarter. Capital Square LLC now owns 4,339 shares of the company’s stock worth $816,000 after purchasing an additional 55 shares during the last quarter. HighMark Wealth Management LLC grew its position in iShares S&P 500 Value ETF by 0.7% during the 2nd quarter. HighMark Wealth Management LLC now owns 8,208 shares of the company’s stock worth $1,494,000 after purchasing an additional 56 shares during the last quarter. Jaffetilchin Investment Partners LLC grew its position in iShares S&P 500 Value ETF by 0.8% during the 2nd quarter. Jaffetilchin Investment Partners LLC now owns 7,025 shares of the company’s stock worth $1,279,000 after purchasing an additional 57 shares during the last quarter. Finally, WR Wealth Planners LLC grew its position in iShares S&P 500 Value ETF by 1.5% during the 2nd quarter. WR Wealth Planners LLC now owns 3,846 shares of the company’s stock worth $700,000 after purchasing an additional 57 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of iShares S&P 500 Value ETF stock opened at $200.60 on Friday. iShares S&P 500 Value ETF has a 1 year low of $155.79 and a 1 year high of $201.52. The company has a market capitalization of $35.94 billion, a P/E ratio of 23.79 and a beta of 0.81. The company’s fifty day moving average is $196.26 and its two-hundred day moving average is $188.73.

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.