iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Purchased by Financial Life Advisors

Financial Life Advisors raised its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.0% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 157,540 shares of the company’s stock after purchasing an additional 1,583 shares during the period. iShares S&P 500 Value ETF accounts for approximately 11.3% of Financial Life Advisors’ portfolio, making the stock its 2nd biggest holding. Financial Life Advisors owned approximately 0.09% of iShares S&P 500 Value ETF worth $30,071,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. boosted its position in 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 last quarter. Northwest Investment Counselors LLC acquired a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter worth approximately $31,000. Valued Wealth Advisors LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the third quarter valued at approximately $35,000. Perkins Coie Trust Co purchased a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at approximately $35,000. Finally, Copley Financial Group Inc. purchased a new position in iShares S&P 500 Value ETF during the third quarter worth approximately $36,000.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE opened at $194.62 on Friday. The stock’s fifty day moving average is $195.01 and its two-hundred day moving average is $195.14. The firm has a market capitalization of $34.87 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a fifty-two week low of $173.01 and a fifty-two week high of $206.63.

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.