HBK Sorce Advisory LLC Purchases 885 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

HBK Sorce Advisory LLC grew its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 11.6% in the 1st quarter, HoldingsChannel.com reports. The fund owned 8,526 shares of the company’s stock after buying an additional 885 shares during the quarter. HBK Sorce Advisory LLC’s holdings in iShares S&P 500 Value ETF were worth $1,625,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Pinney & Scofield Inc. bought a new stake in iShares S&P 500 Value ETF during the 4th quarter valued at approximately $26,000. Providence First Trust Co bought a new position in shares of iShares S&P 500 Value ETF in the 4th quarter worth approximately $31,000. IMG Wealth Management Inc. purchased a new position in shares of iShares S&P 500 Value ETF in the 1st quarter valued at approximately $34,000. SJS Investment Consulting Inc. bought a new stake in shares of iShares S&P 500 Value ETF during the first quarter valued at approximately $37,000. Finally, Fourth Dimension Wealth LLC purchased a new stake in iShares S&P 500 Value ETF in the first quarter worth $38,000.

iShares S&P 500 Value ETF Trading Down 0.3%

Shares of iShares S&P 500 Value ETF stock opened at $192.51 on Thursday. iShares S&P 500 Value ETF has a 12 month low of $165.45 and a 12 month high of $206.63. The firm has a market capitalization of $38.60 billion, a P/E ratio of 20.88 and a beta of 0.89. The business has a fifty day simple moving average of $187.41 and a two-hundred day simple moving average of $190.06.

About iShares S&P 500 Value ETF

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.