Concurrent Investment Advisors LLC Boosts Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Concurrent Investment Advisors LLC increased its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 109.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 89,419 shares of the company’s stock after purchasing an additional 46,643 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $17,068,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IVE. Alpha Financial Partners LLC acquired a new stake in iShares S&P 500 Value ETF in the 3rd quarter worth about $7,385,000. Northwest Investment Counselors LLC acquired a new stake in iShares S&P 500 Value ETF in the 3rd quarter worth about $31,000. Venture Visionary Partners LLC boosted its stake in iShares S&P 500 Value ETF by 7.6% in the 3rd quarter. Venture Visionary Partners LLC now owns 4,956 shares of the company’s stock worth $977,000 after buying an additional 348 shares during the last quarter. Sequoia Financial Advisors LLC boosted its stake in iShares S&P 500 Value ETF by 5.3% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 12,873 shares of the company’s stock worth $2,538,000 after buying an additional 651 shares during the last quarter. Finally, Eastern Bank acquired a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter valued at about $1,012,000.

iShares S&P 500 Value ETF Price Performance

NYSEARCA IVE opened at $198.58 on Thursday. The firm has a market capitalization of $36.22 billion, a P/E ratio of 22.47 and a beta of 0.95. iShares S&P 500 Value ETF has a 1-year low of $176.09 and a 1-year high of $206.63. The business’s 50-day simple moving average is $194.18 and its 200-day simple moving average is $195.63.

iShares S&P 500 Value ETF Company 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.