Summit Financial Wealth Advisors LLC Grows Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Summit Financial Wealth Advisors LLC increased its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 9.8% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,304 shares of the company’s stock after buying an additional 1,545 shares during the period. Summit Financial Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $3,233,000 as of its most recent SEC filing.

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

iShares S&P 500 Value ETF Stock Up 0.0 %

Shares of IVE stock traded up $0.05 during trading hours on Monday, hitting $181.64. 477,921 shares of the company were exchanged, compared to its average volume of 789,432. The firm has a market cap of $32.54 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 1 year low of $147.23 and a 1 year high of $187.24. The firm has a fifty day moving average of $182.58 and a 200 day moving average of $179.68.

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.