Evolution Wealth Advisors LLC Boosts Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Evolution Wealth Advisors LLC lifted its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 40.2% in the third quarter, HoldingsChannel reports. The firm owned 1,983 shares of the company’s stock after buying an additional 569 shares during the quarter. Evolution Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $391,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in IVE. Northwest Investment Counselors LLC acquired a new position in shares of iShares S&P 500 Value ETF in the third quarter worth $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 grew its stake in iShares S&P 500 Value ETF by 50.0% during the 2nd quarter. Addison Advisors LLC now owns 279 shares of the company’s stock worth $51,000 after purchasing an additional 93 shares in the last quarter. TruNorth Capital Management LLC acquired a new position in iShares S&P 500 Value ETF during the 2nd quarter worth $65,000. Finally, Avondale Wealth Management increased its holdings in iShares S&P 500 Value ETF by 24.8% during the 2nd quarter. Avondale Wealth Management now owns 362 shares of the company’s stock worth $66,000 after purchasing an additional 72 shares during the period.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE opened at $199.51 on Friday. iShares S&P 500 Value ETF has a 1 year low of $161.43 and a 1 year high of $203.67. The stock has a market capitalization of $35.74 billion, a PE ratio of 23.79 and a beta of 0.81. The stock has a 50-day simple moving average of $197.20 and a 200-day simple moving average of $189.67.

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.