XML Financial LLC Makes New Investment in iShares S&P 500 Value ETF $IVE

XML Financial LLC bought a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 3rd quarter, Holdings Channel reports. The fund bought 3,398 shares of the company’s stock, valued at approximately $776,000.

Several other institutional investors also recently made changes to their positions in IVE. RMG Wealth Management LLC purchased a new position in shares of iShares S&P 500 Value ETF in the 1st quarter valued at about $27,000. Curry Webb Wealth Management LLC purchased a new stake in iShares S&P 500 Value ETF during the third quarter worth about $28,000. First Bancorp Inc ME acquired a new position in iShares S&P 500 Value ETF during the second quarter worth about $45,000. William Mack & Associates Inc. acquired a new position in iShares S&P 500 Value ETF during the third quarter worth about $53,000. Finally, Pension & Wealth Management Advisors Inc. grew its position in iShares S&P 500 Value ETF by 41.8% during the third quarter. Pension & Wealth Management Advisors Inc. now owns 251 shares of the company’s stock worth $57,000 after buying an additional 74 shares during the period.

iShares S&P 500 Value ETF Trading Down 0.6%

IVE stock opened at $238.33 on Wednesday. The firm has a 50 day moving average of $234.80 and a 200-day moving average of $226.35. iShares S&P 500 Value ETF has a 12-month low of $203.15 and a 12-month high of $241.38. The company has a market cap of $50.48 billion, a price-to-earnings ratio of 22.47 and a beta of 0.82.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.