Valeo Financial Advisors LLC Increases Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Valeo Financial Advisors LLC grew its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.7% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 17,470 shares of the company’s stock after purchasing an additional 114 shares during the period. Valeo Financial Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $3,264,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in IVE. Bank OZK grew its holdings in shares of iShares S&P 500 Value ETF by 42.6% during the fourth quarter. Bank OZK now owns 2,310 shares of the company’s stock valued at $402,000 after buying an additional 690 shares during the last quarter. D.A. Davidson & CO. increased its holdings in shares of iShares S&P 500 Value ETF by 0.6% in the 4th quarter. D.A. Davidson & CO. now owns 18,017 shares of the company’s stock worth $3,133,000 after purchasing an additional 110 shares in the last quarter. Sachetta LLC purchased a new position in shares of iShares S&P 500 Value ETF in the fourth quarter worth $1,723,000. Watershed Private Wealth LLC raised its stake in shares of iShares S&P 500 Value ETF by 3.4% in the fourth quarter. Watershed Private Wealth LLC now owns 39,034 shares of the company’s stock worth $6,787,000 after purchasing an additional 1,279 shares during the last quarter. Finally, BKM Wealth Management LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 2.9% during the first quarter. BKM Wealth Management LLC now owns 63,882 shares of the company’s stock valued at $11,934,000 after purchasing an additional 1,802 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE traded down $0.20 during trading hours on Wednesday, hitting $181.52. The stock had a trading volume of 329,162 shares, compared to its average volume of 795,254. The firm has a market capitalization of $32.52 billion, a PE ratio of 23.79 and a beta of 0.81. The stock has a fifty day moving average price of $182.52 and a 200 day moving average price of $179.49. iShares S&P 500 Value ETF has a 12 month low of $147.23 and a 12 month high of $187.24.

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.