Spectrum Planning & Advisory Services Inc. lifted its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 9.8% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,494 shares of the company’s stock after buying an additional 1,745 shares during the period. iShares S&P 500 Value ETF makes up approximately 3.7% of Spectrum Planning & Advisory Services Inc.’s portfolio, making the stock its 9th biggest holding. Spectrum Planning & Advisory Services Inc.’s holdings in iShares S&P 500 Value ETF were worth $3,844,000 at the end of the most recent quarter.
Several other institutional investors also recently modified their holdings of IVE. Sutton Place Investors LLC increased its stake in shares of iShares S&P 500 Value ETF by 9.3% during the 2nd quarter. Sutton Place Investors LLC now owns 5,704 shares of the company’s stock worth $1,038,000 after purchasing an additional 483 shares during the last quarter. NBC Securities Inc. increased its holdings in iShares S&P 500 Value ETF by 33.3% in the 3rd quarter. NBC Securities Inc. now owns 2,148 shares of the company’s stock worth $423,000 after acquiring an additional 536 shares during the last quarter. Financial Partners Group Inc raised its stake in iShares S&P 500 Value ETF by 2.7% in the 2nd quarter. Financial Partners Group Inc now owns 2,784 shares of the company’s stock valued at $507,000 after acquiring an additional 74 shares during the period. Ausdal Financial Partners Inc. lifted its holdings in iShares S&P 500 Value ETF by 81.0% during the third quarter. Ausdal Financial Partners Inc. now owns 46,203 shares of the company’s stock valued at $9,110,000 after purchasing an additional 20,674 shares during the last quarter. Finally, Concourse Financial Group Securities Inc. boosted its holdings in iShares S&P 500 Value ETF by 7.0% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 53,260 shares of the company’s stock worth $10,501,000 after buying an additional 3,500 shares during the period.
iShares S&P 500 Value ETF Trading Up 0.5 %
Shares of iShares S&P 500 Value ETF stock opened at $200.47 on Tuesday. iShares S&P 500 Value ETF has a 12-month low of $162.43 and a 12-month high of $203.67. The company has a market cap of $35.91 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The company’s 50-day moving average price is $197.35 and its 200-day moving average price is $189.97.
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.
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