Institute for Wealth Management LLC. Buys 120 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Institute for Wealth Management LLC. boosted its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.6% during the 4th quarter, Holdings Channel reports. The firm owned 1,697 shares of the company’s stock after acquiring an additional 120 shares during the period. Institute for Wealth Management LLC.’s holdings in iShares S&P 500 Value ETF were worth $324,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. LexAurum Advisors LLC boosted its position in iShares S&P 500 Value ETF by 47.2% in the fourth quarter. LexAurum Advisors LLC now owns 3,846 shares of the company’s stock worth $734,000 after purchasing an additional 1,233 shares during the last quarter. NBC Securities Inc. boosted its position in iShares S&P 500 Value ETF by 33.3% in the third quarter. NBC Securities Inc. now owns 2,148 shares of the company’s stock worth $423,000 after purchasing an additional 536 shares during the last quarter. Ausdal Financial Partners Inc. boosted its position in iShares S&P 500 Value ETF by 81.0% in the third quarter. Ausdal Financial Partners Inc. now owns 46,203 shares of the company’s stock worth $9,110,000 after purchasing an additional 20,674 shares during the last quarter. Concourse Financial Group Securities Inc. boosted its position in iShares S&P 500 Value ETF by 7.0% in the third quarter. Concourse Financial Group Securities Inc. now owns 53,260 shares of the company’s stock worth $10,501,000 after purchasing an additional 3,500 shares during the last quarter. Finally, Cornell Pochily Investment Advisors Inc. lifted its position in shares of iShares S&P 500 Value ETF by 31.3% during the 3rd quarter. Cornell Pochily Investment Advisors Inc. now owns 3,060 shares of the company’s stock valued at $603,000 after buying an additional 730 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA IVE opened at $196.17 on Friday. iShares S&P 500 Value ETF has a one year low of $173.01 and a one year high of $206.63. The business’s fifty day moving average price is $196.15 and its 200-day moving average price is $194.83. The stock has a market capitalization of $35.14 billion, a PE ratio of 23.79 and a beta of 0.81.

iShares S&P 500 Value ETF Company 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.