iShares S&P 500 Value ETF $IVE Shares Acquired by Financial Life Advisors

Financial Life Advisors grew its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.9% during the third quarter, Holdings Channel reports. The firm owned 166,034 shares of the company’s stock after acquiring an additional 3,064 shares during the period. iShares S&P 500 Value ETF makes up approximately 10.8% of Financial Life Advisors’ portfolio, making the stock its 2nd largest position. Financial Life Advisors’ holdings in iShares S&P 500 Value ETF were worth $37,902,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE lifted its holdings in shares of iShares S&P 500 Value ETF by 2.0% during the first quarter. Bank of America Corp DE now owns 9,457,775 shares of the company’s stock worth $1,997,009,000 after purchasing an additional 182,358 shares during the period. Lido Advisors LLC boosted its position in iShares S&P 500 Value ETF by 4.4% in the first quarter. Lido Advisors LLC now owns 1,944,079 shares of the company’s stock valued at $410,493,000 after buying an additional 81,088 shares during the last quarter. Royal Bank of Canada boosted its position in iShares S&P 500 Value ETF by 3.6% in the first quarter. Royal Bank of Canada now owns 1,396,602 shares of the company’s stock valued at $294,892,000 after buying an additional 48,869 shares during the last quarter. Cassaday & Co Wealth Management LLC boosted its position in iShares S&P 500 Value ETF by 3.8% in the first quarter. Cassaday & Co Wealth Management LLC now owns 1,197,963 shares of the company’s stock valued at $252,950,000 after buying an additional 44,187 shares during the last quarter. Finally, Sofi Wealth LLC boosted its position in iShares S&P 500 Value ETF by 0.4% in the first quarter. Sofi Wealth LLC now owns 979,965 shares of the company’s stock valued at $206,920,000 after buying an additional 4,340 shares during the last quarter.

iShares S&P 500 Value ETF Trading Down 0.0%

Shares of NYSEARCA:IVE opened at $234.06 on Thursday. iShares S&P 500 Value ETF has a twelve month low of $203.15 and a twelve month high of $239.93. The company’s 50 day moving average is $234.40 and its 200 day moving average is $228.37. The company has a market cap of $49.53 billion, a PE ratio of 20.70 and a beta of 0.83.

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.