Yanni & Associates Investment Advisors LLC Acquires Shares of 25,172 iShares S&P 500 Value ETF $IVE

Yanni & Associates Investment Advisors LLC acquired a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 25,172 shares of the company’s stock, valued at approximately $5,338,000. iShares S&P 500 Value ETF makes up about 5.3% of Yanni & Associates Investment Advisors LLC’s holdings, making the stock its 6th biggest position.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Detalus Advisors LLC boosted its position in shares of iShares S&P 500 Value ETF by 3.6% in the 3rd quarter. Detalus Advisors LLC now owns 84,033 shares of the company’s stock worth $17,354,000 after purchasing an additional 2,909 shares during the last quarter. BIP Wealth LLC lifted its holdings in iShares S&P 500 Value ETF by 185.4% during the third quarter. BIP Wealth LLC now owns 6,001 shares of the company’s stock worth $1,239,000 after acquiring an additional 3,898 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its holdings in iShares S&P 500 Value ETF by 96.6% during the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 223,947 shares of the company’s stock worth $47,492,000 after acquiring an additional 110,058 shares in the last quarter. Arkadios Wealth Advisors lifted its holdings in iShares S&P 500 Value ETF by 7.1% during the third quarter. Arkadios Wealth Advisors now owns 61,315 shares of the company’s stock worth $12,662,000 after acquiring an additional 4,048 shares in the last quarter. Finally, FLP Wealth Management LLC lifted its holdings in iShares S&P 500 Value ETF by 1,182.9% during the fourth quarter. FLP Wealth Management LLC now owns 23,964 shares of the company’s stock worth $5,082,000 after acquiring an additional 22,096 shares in the last quarter.

iShares S&P 500 Value ETF Trading Up 0.7%

IVE stock opened at $224.91 on Tuesday. The business’s 50-day moving average price is $216.80 and its two-hundred day moving average price is $215.34. The firm has a market cap of $49.66 billion, a PE ratio of 20.70 and a beta of 0.83. iShares S&P 500 Value ETF has a 1-year low of $185.34 and a 1-year high of $225.90.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.