Axxcess Wealth Management LLC Buys 3,458 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Axxcess Wealth Management LLC raised its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 31.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,286 shares of the company’s stock after purchasing an additional 3,458 shares during the period. Axxcess Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $2,727,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Thurston Springer Miller Herd & Titak Inc. increased its position in iShares S&P 500 Value ETF by 100.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after buying an additional 76 shares in the last quarter. Kentucky Trust Co bought a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter valued at approximately $29,000. Providence First Trust Co acquired a new position in shares of iShares S&P 500 Value ETF during the fourth quarter worth approximately $31,000. Centricity Wealth Management LLC bought a new position in shares of iShares S&P 500 Value ETF in the 4th quarter worth $34,000. Finally, Perkins Coie Trust Co acquired a new stake in iShares S&P 500 Value ETF in the 4th quarter valued at $35,000.

iShares S&P 500 Value ETF Trading Down 0.8 %

Shares of IVE stock opened at $189.43 on Wednesday. iShares S&P 500 Value ETF has a 12 month low of $176.09 and a 12 month high of $206.63. The firm has a market capitalization of $36.80 billion, a PE ratio of 22.06 and a beta of 0.94. The firm has a fifty day simple moving average of $194.23 and a two-hundred day simple moving average of $196.14.

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.