Fortress Financial Group LLC Acquires New Shares in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Fortress Financial Group LLC acquired a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,646 shares of the company’s stock, valued at approximately $696,000. iShares S&P 500 Value ETF accounts for about 0.7% of Fortress Financial Group LLC’s holdings, making the stock its 28th largest holding.

A number of other hedge funds and other institutional investors have also modified their holdings of IVE. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of iShares S&P 500 Value ETF by 100.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock worth $29,000 after acquiring an additional 76 shares during the period. Kentucky Trust Co acquired a new position in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $29,000. Centricity Wealth Management LLC bought a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter valued at approximately $34,000. Valued Wealth Advisors LLC bought a new position in shares of iShares S&P 500 Value ETF in the third quarter valued at approximately $35,000. Finally, Perkins Coie Trust Co bought a new position in shares of iShares S&P 500 Value ETF in the fourth quarter valued at approximately $35,000.

iShares S&P 500 Value ETF Stock Down 0.5 %

NYSEARCA IVE opened at $194.58 on Friday. The company’s 50 day moving average is $194.38 and its 200-day moving average is $196.08. The firm has a market cap of $35.49 billion, a P/E ratio of 22.47 and a beta of 0.95. iShares S&P 500 Value ETF has a 12-month low of $176.09 and a 12-month high of $206.63.

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.