Patriot Financial Group Insurance Agency LLC Increases Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Patriot Financial Group Insurance Agency LLC increased its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 96,019 shares of the company’s stock after purchasing an additional 4,201 shares during the period. iShares S&P 500 Value ETF makes up 2.5% of Patriot Financial Group Insurance Agency LLC’s portfolio, making the stock its 3rd largest holding. Patriot Financial Group Insurance Agency LLC owned about 0.05% of iShares S&P 500 Value ETF worth $18,328,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. lifted its stake in iShares S&P 500 Value ETF by 100.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after acquiring an additional 76 shares during the period. Northwest Investment Counselors LLC purchased a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter valued at about $31,000. Valued Wealth Advisors LLC acquired a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter worth approximately $35,000. Perkins Coie Trust Co purchased a new position in iShares S&P 500 Value ETF during the fourth quarter valued at $35,000. Finally, Copley Financial Group Inc. acquired a new stake in shares of iShares S&P 500 Value ETF in the third quarter worth approximately $36,000.

iShares S&P 500 Value ETF Stock Performance

Shares of iShares S&P 500 Value ETF stock opened at $197.80 on Tuesday. iShares S&P 500 Value ETF has a one year low of $173.01 and a one year high of $206.63. The business’s 50 day moving average price is $196.39 and its 200 day moving average price is $194.62. The company has a market cap of $35.44 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.