iShares S&P 500 Value ETF $IVE Position Increased by Wescott Financial Advisory Group LLC

Wescott Financial Advisory Group LLC raised its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 9.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 41,331 shares of the company’s stock after buying an additional 3,682 shares during the quarter. iShares S&P 500 Value ETF accounts for 0.8% of Wescott Financial Advisory Group LLC’s portfolio, making the stock its 27th largest position. Wescott Financial Advisory Group LLC’s holdings in iShares S&P 500 Value ETF were worth $8,765,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the company. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its position in shares of iShares S&P 500 Value ETF by 96.6% in 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 purchasing an additional 110,058 shares in the last quarter. FLP Wealth Management LLC lifted its position in shares of iShares S&P 500 Value ETF by 1,182.9% in the fourth quarter. FLP Wealth Management LLC now owns 23,964 shares of the company’s stock worth $5,082,000 after purchasing an additional 22,096 shares in the last quarter. Centurion Wealth Management LLC lifted its position in shares of iShares S&P 500 Value ETF by 24.7% in the fourth quarter. Centurion Wealth Management LLC now owns 24,643 shares of the company’s stock worth $5,226,000 after purchasing an additional 4,876 shares in the last quarter. Cassilly Financial Group LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter worth approximately $2,294,000. Finally, Astoria Strategic Wealth Inc. lifted its position in shares of iShares S&P 500 Value ETF by 6.4% in the third quarter. Astoria Strategic Wealth Inc. now owns 73,162 shares of the company’s stock worth $15,109,000 after purchasing an additional 4,408 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

NYSEARCA IVE opened at $227.15 on Friday. The company has a 50 day simple moving average of $222.37 and a 200-day simple moving average of $217.73. The firm has a market capitalization of $50.15 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a 52-week low of $189.66 and a 52-week high of $229.53.

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. 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.