Investment Advisory Group LLC Buys 2,084 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Investment Advisory Group LLC raised its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 13.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,612 shares of the company’s stock after buying an additional 2,084 shares during the quarter. iShares S&P 500 Value ETF comprises about 1.1% of Investment Advisory Group LLC’s investment portfolio, making the stock its 24th biggest holding. Investment Advisory Group LLC’s holdings in iShares S&P 500 Value ETF were worth $3,362,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Hsbc Holdings PLC increased its position in shares of iShares S&P 500 Value ETF by 50.3% during the second quarter. Hsbc Holdings PLC now owns 5,605 shares of the company’s stock valued at $1,020,000 after acquiring an additional 1,875 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of iShares S&P 500 Value ETF by 92.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,483 shares of the company’s stock worth $855,000 after purchasing an additional 2,155 shares in the last quarter. Semmax Financial Advisors Inc. raised its stake in shares of iShares S&P 500 Value ETF by 16.4% in the second quarter. Semmax Financial Advisors Inc. now owns 2,809 shares of the company’s stock worth $525,000 after purchasing an additional 396 shares during the last quarter. Wescott Financial Advisory Group LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 14.9% during the second quarter. Wescott Financial Advisory Group LLC now owns 29,757 shares of the company’s stock valued at $5,416,000 after purchasing an additional 3,861 shares in the last quarter. Finally, Wick Capital Partners LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the second quarter valued at $778,000.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:IVE opened at $195.66 on Wednesday. The firm has a market cap of $35.05 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The business has a 50-day simple moving average of $196.76 and a two-hundred day simple moving average of $194.23. iShares S&P 500 Value ETF has a fifty-two week low of $172.85 and a fifty-two week high of $206.63.

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.