Mutual Advisors LLC Grows Holdings in iShares S&P 500 Value ETF $IVE

Mutual Advisors LLC increased its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.0% during the 4th quarter, Holdings Channel reports. The firm owned 56,300 shares of the company’s stock after purchasing an additional 3,694 shares during the quarter. Mutual Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $11,940,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IVE. Great Point Wealth Advisors LLC purchased a new position in iShares S&P 500 Value ETF during the 3rd quarter valued at about $2,478,000. Detalus Advisors LLC grew its holdings in shares of iShares S&P 500 Value ETF by 3.6% during the 3rd quarter. Detalus Advisors LLC now owns 84,033 shares of the company’s stock worth $17,354,000 after acquiring an additional 2,909 shares during the period. BIP Wealth LLC grew its holdings in shares of iShares S&P 500 Value ETF by 185.4% during the 3rd quarter. BIP Wealth LLC now owns 6,001 shares of the company’s stock worth $1,239,000 after acquiring an additional 3,898 shares during the period. Arkadios Wealth Advisors grew its holdings in shares of iShares S&P 500 Value ETF by 7.1% during the 3rd quarter. Arkadios Wealth Advisors now owns 61,315 shares of the company’s stock worth $12,662,000 after acquiring an additional 4,048 shares during the period. Finally, Centurion Wealth Management LLC grew its holdings in shares of iShares S&P 500 Value ETF by 24.7% during the 4th quarter. Centurion Wealth Management LLC now owns 24,643 shares of the company’s stock worth $5,226,000 after acquiring an additional 4,876 shares during the period.

iShares S&P 500 Value ETF Stock Performance

IVE stock opened at $223.67 on Friday. iShares S&P 500 Value ETF has a fifty-two week low of $183.05 and a fifty-two week high of $224.02. The business’s 50 day moving average price is $216.09 and its two-hundred day moving average price is $214.08. The company has a market capitalization of $49.40 billion, a price-to-earnings ratio of 20.70 and a beta of 0.85.

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. 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.