iShares S&P 500 Value ETF $IVE Stock: Soltis Investment Advisors LLC Boosts Position

Soltis Investment Advisors LLC increased its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 11.9% during the third quarter, HoldingsChannel.com reports. The firm owned 41,801 shares of the company’s stock after buying an additional 4,440 shares during the period. Soltis Investment Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $9,542,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. Founders Financial Securities LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 6.3% in the third quarter. Founders Financial Securities LLC now owns 4,285 shares of the company’s stock worth $978,000 after buying an additional 255 shares in the last quarter. Financial Solutions Advisory Group Inc. boosted its position in shares of iShares S&P 500 Value ETF by 5.1% in the third quarter. Financial Solutions Advisory Group Inc. now owns 9,355 shares of the company’s stock valued at $2,203,000 after acquiring an additional 450 shares during the period. North Star Investment Management Corp. grew its stake in iShares S&P 500 Value ETF by 0.3% during the third quarter. North Star Investment Management Corp. now owns 198,409 shares of the company’s stock valued at $45,293,000 after acquiring an additional 522 shares in the last quarter. William Mack & Associates Inc. purchased a new position in iShares S&P 500 Value ETF during the third quarter valued at approximately $53,000. Finally, Victory Financial Group LLC grew its stake in iShares S&P 500 Value ETF by 39.1% during the third quarter. Victory Financial Group LLC now owns 1,643 shares of the company’s stock valued at $375,000 after acquiring an additional 462 shares in the last quarter.

iShares S&P 500 Value ETF Trading Up 0.9%

iShares S&P 500 Value ETF stock opened at $241.36 on Friday. The firm’s 50 day simple moving average is $234.67 and its 200 day simple moving average is $226.02. The firm has a market capitalization of $51.10 billion, a PE ratio of 20.70 and a beta of 0.83. iShares S&P 500 Value ETF has a 1-year low of $203.15 and a 1-year high of $241.38.

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.