Investment Advisory Group LLC Buys 2,084 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Investment Advisory Group LLC raised its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 13.4% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 17,612 shares of the company’s stock after purchasing an additional 2,084 shares during the period. iShares S&P 500 Value ETF accounts for about 1.1% of Investment Advisory Group LLC’s investment portfolio, making the stock its 24th biggest holding. Investment Advisory Group LLC’s holdings in iShares S&P 500 Value ETF were worth $3,362,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of IVE. Hsbc Holdings PLC grew its stake in shares of iShares S&P 500 Value ETF by 50.3% during the 2nd quarter. Hsbc Holdings PLC now owns 5,605 shares of the company’s stock valued at $1,020,000 after acquiring an additional 1,875 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in iShares S&P 500 Value ETF by 92.6% during the second quarter. EverSource Wealth Advisors LLC now owns 4,483 shares of the company’s stock valued at $855,000 after purchasing an additional 2,155 shares in the last quarter. Semmax Financial Advisors Inc. boosted its position in shares of iShares S&P 500 Value ETF by 16.4% in the second quarter. Semmax Financial Advisors Inc. now owns 2,809 shares of the company’s stock worth $525,000 after purchasing an additional 396 shares during the period. Wescott Financial Advisory Group LLC increased its stake in shares of iShares S&P 500 Value ETF by 14.9% in the second quarter. Wescott Financial Advisory Group LLC now owns 29,757 shares of the company’s stock worth $5,416,000 after purchasing an additional 3,861 shares in the last quarter. Finally, Wick Capital Partners LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 2nd quarter valued at $778,000.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE stock opened at $195.66 on Wednesday. The stock has a fifty day simple moving average of $196.76 and a two-hundred day simple moving average of $194.23. The firm has a market capitalization of $35.05 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 52-week low of $172.85 and a 52-week high of $206.63.

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.