Advocacy Wealth Management Services LLC Boosts Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Advocacy Wealth Management Services LLC increased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 159,683 shares of the company’s stock after purchasing an additional 4,562 shares during the period. iShares S&P 500 Value ETF makes up 2.5% of Advocacy Wealth Management Services LLC’s holdings, making the stock its 16th biggest position. Advocacy Wealth Management Services LLC owned approximately 0.09% of iShares S&P 500 Value ETF worth $31,485,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. CarsonAllaria Wealth Management Ltd. raised its holdings in shares of iShares S&P 500 Value ETF by 289.5% during the first quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock worth $28,000 after purchasing an additional 110 shares during the last quarter. Northwest Investment Counselors LLC purchased a new position in iShares S&P 500 Value ETF in the third quarter valued at $31,000. Valued Wealth Advisors LLC purchased a new position in iShares S&P 500 Value ETF in the third quarter valued at $35,000. Addison Advisors LLC increased its holdings in iShares S&P 500 Value ETF by 50.0% in the second quarter. Addison Advisors LLC now owns 279 shares of the company’s stock valued at $51,000 after buying an additional 93 shares in the last quarter. Finally, TruNorth Capital Management LLC purchased a new position in iShares S&P 500 Value ETF in the second quarter valued at $65,000.

iShares S&P 500 Value ETF Stock Performance

IVE opened at $200.60 on Friday. iShares S&P 500 Value ETF has a fifty-two week low of $155.79 and a fifty-two week high of $201.52. The company has a fifty day moving average of $196.26 and a two-hundred day moving average of $188.73. The stock has a market capitalization of $35.94 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

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.