iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Purchased by Armstrong Advisory Group Inc.

Armstrong Advisory Group Inc. increased its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 31.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,331 shares of the company’s stock after acquiring an additional 319 shares during the quarter. Armstrong Advisory Group Inc.’s holdings in iShares S&P 500 Value ETF were worth $254,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IVE. NBC Securities Inc. boosted its position in shares of iShares S&P 500 Value ETF by 33.3% during the 3rd quarter. NBC Securities Inc. now owns 2,148 shares of the company’s stock valued at $423,000 after acquiring an additional 536 shares during the last quarter. Ausdal Financial Partners Inc. raised its stake in iShares S&P 500 Value ETF by 81.0% during the third quarter. Ausdal Financial Partners Inc. now owns 46,203 shares of the company’s stock worth $9,110,000 after purchasing an additional 20,674 shares during the period. Concourse Financial Group Securities Inc. boosted its holdings in iShares S&P 500 Value ETF by 7.0% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 53,260 shares of the company’s stock valued at $10,501,000 after purchasing an additional 3,500 shares during the last quarter. Cornell Pochily Investment Advisors Inc. grew its stake in shares of iShares S&P 500 Value ETF by 31.3% in the 3rd quarter. Cornell Pochily Investment Advisors Inc. now owns 3,060 shares of the company’s stock valued at $603,000 after buying an additional 730 shares during the period. Finally, High Falls Advisors Inc increased its holdings in shares of iShares S&P 500 Value ETF by 3.1% during the 2nd quarter. High Falls Advisors Inc now owns 74,353 shares of the company’s stock worth $13,533,000 after buying an additional 2,223 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

IVE opened at $192.70 on Thursday. The stock has a market capitalization of $34.52 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a one year low of $170.13 and a one year high of $206.63. The business’s 50 day moving average price is $197.41 and its 200 day moving average price is $193.90.

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.