Beacon Advisors Holdings LLC Purchases New Position in iShares S&P 500 Value ETF $IVE

Beacon Advisors Holdings LLC purchased a new stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 9,623 shares of the company’s stock, valued at approximately $2,041,000. iShares S&P 500 Value ETF comprises approximately 1.1% of Beacon Advisors Holdings LLC’s investment portfolio, making the stock its 26th largest holding.

Other institutional investors have also made changes to their positions in the company. Brighton Jones LLC increased its position in iShares S&P 500 Value ETF by 0.8% during the fourth quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock worth $2,679,000 after acquiring an additional 112 shares during the period. Great Lakes Advisors LLC lifted its stake in iShares S&P 500 Value ETF by 6,385.7% during the first quarter. Great Lakes Advisors LLC now owns 454 shares of the company’s stock worth $83,000 after purchasing an additional 447 shares during the period. Schnieders Capital Management LLC. bought a new position in shares of iShares S&P 500 Value ETF during the 2nd quarter worth approximately $550,000. Russell Investments Group Ltd. lifted its holdings in shares of iShares S&P 500 Value ETF by 28.8% during the second quarter. Russell Investments Group Ltd. now owns 2,131 shares of the company’s stock valued at $416,000 after acquiring an additional 477 shares during the period. Finally, First Trust Advisors LP boosted its position in iShares S&P 500 Value ETF by 2.8% in the second quarter. First Trust Advisors LP now owns 26,527 shares of the company’s stock valued at $5,184,000 after buying an additional 731 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE opened at $226.38 on Friday. The company has a market capitalization of $49.98 billion, a P/E ratio of 20.70 and a beta of 0.82. The business’s 50 day simple moving average is $223.94 and its 200-day simple moving average is $218.35. iShares S&P 500 Value ETF has a one year low of $189.67 and a one year high of $230.05.

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.