Axxcess Wealth Management LLC Has $2.14 Million Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Axxcess Wealth Management LLC grew its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 46.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 10,828 shares of the company’s stock after purchasing an additional 3,454 shares during the quarter. Axxcess Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $2,135,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in IVE. Northwest Investment Counselors LLC bought a new stake in shares of iShares S&P 500 Value ETF in the 3rd quarter valued at $31,000. Valued Wealth Advisors LLC bought a new stake in shares of iShares S&P 500 Value ETF in the 3rd quarter valued at $35,000. Addison Advisors LLC increased its position in shares of iShares S&P 500 Value ETF by 50.0% in the 2nd quarter. Addison Advisors LLC now owns 279 shares of the company’s stock valued at $51,000 after buying an additional 93 shares in the last quarter. TruNorth Capital Management LLC bought a new stake in shares of iShares S&P 500 Value ETF in the 2nd quarter valued at $65,000. Finally, Avondale Wealth Management increased its position in shares of iShares S&P 500 Value ETF by 24.8% in the 2nd quarter. Avondale Wealth Management now owns 362 shares of the company’s stock valued at $66,000 after buying an additional 72 shares in the last quarter.

iShares S&P 500 Value ETF Stock Up 0.4 %

IVE opened at $202.59 on Tuesday. The company has a fifty day simple moving average of $196.49 and a 200 day simple moving average of $189.08. The stock has a market cap of $36.29 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 12 month low of $157.33 and a 12 month high of $203.67.

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.