Amara Financial LLC. Invests $574,000 in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Amara Financial LLC. purchased a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 2,913 shares of the company’s stock, valued at approximately $574,000. iShares S&P 500 Value ETF comprises approximately 0.5% of Amara Financial LLC.’s investment portfolio, making the stock its 25th largest holding.

Other hedge funds have also bought and sold shares of the company. CGN Advisors LLC lifted its holdings in iShares S&P 500 Value ETF by 3.0% in the 2nd quarter. CGN Advisors LLC now owns 1,860 shares of the company’s stock valued at $339,000 after acquiring an additional 55 shares during the last quarter. Capital Square LLC lifted its stake in iShares S&P 500 Value ETF by 1.3% during the second quarter. Capital Square LLC now owns 4,339 shares of the company’s stock valued at $816,000 after purchasing an additional 55 shares during the last quarter. HighMark Wealth Management LLC lifted its stake in iShares S&P 500 Value ETF by 0.7% during the second quarter. HighMark Wealth Management LLC now owns 8,208 shares of the company’s stock valued at $1,494,000 after purchasing an additional 56 shares during the last quarter. GDS Wealth Management boosted its holdings in iShares S&P 500 Value ETF by 3.3% during the third quarter. GDS Wealth Management now owns 1,765 shares of the company’s stock worth $348,000 after buying an additional 56 shares in the last quarter. Finally, Jaffetilchin Investment Partners LLC grew its position in iShares S&P 500 Value ETF by 0.8% in the second quarter. Jaffetilchin Investment Partners LLC now owns 7,025 shares of the company’s stock worth $1,279,000 after buying an additional 57 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE opened at $200.47 on Tuesday. The stock has a market capitalization of $35.91 billion, a P/E ratio of 23.79 and a beta of 0.81. The business’s fifty day moving average is $197.20 and its two-hundred day moving average is $189.82. iShares S&P 500 Value ETF has a 1 year low of $162.43 and a 1 year high of $203.67.

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.