iShares S&P 500 Value ETF $IVE Stock: IFP Advisors Inc Grows Holdings

IFP Advisors Inc increased its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.1% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 156,316 shares of the company’s stock after purchasing an additional 7,577 shares during the period. iShares S&P 500 Value ETF accounts for approximately 0.6% of IFP Advisors Inc’s investment portfolio, making the stock its 24th biggest position. IFP Advisors Inc owned approximately 0.07% of iShares S&P 500 Value ETF worth $35,684,000 at the end of the most recent reporting period.

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

iShares S&P 500 Value ETF Price Performance

Shares of iShares S&P 500 Value ETF stock opened at $235.46 on Friday. The business has a 50 day simple moving average of $234.41 and a two-hundred day simple moving average of $228.61. iShares S&P 500 Value ETF has a 12 month low of $203.15 and a 12 month high of $239.93. The stock has a market capitalization of $49.82 billion, a P/E ratio of 20.70 and a beta of 0.83.

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. 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.