iShares S&P 500 Value ETF $IVE Shares Purchased by Financial Life Advisors

Financial Life Advisors grew its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 173,050 shares of the company’s stock after purchasing an additional 4,300 shares during the period. iShares S&P 500 Value ETF makes up approximately 11.5% of Financial Life Advisors’ holdings, making the stock its 2nd largest holding. Financial Life Advisors owned approximately 0.08% of iShares S&P 500 Value ETF worth $35,737,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. United Services Automobile Association acquired a new position in iShares S&P 500 Value ETF in the 2nd quarter valued at approximately $26,000. Harbor Asset Planning Inc. acquired a new position in iShares S&P 500 Value ETF during the second quarter worth $30,000. Tripletail Wealth Management LLC purchased a new position in iShares S&P 500 Value ETF during the third quarter worth about $37,000. Rossmore Private Capital bought a new stake in iShares S&P 500 Value ETF during the third quarter worth $44,000. Finally, Cloud Capital Management LLC purchased a new position in iShares S&P 500 Value ETF in the third quarter valued at about $45,000.

iShares S&P 500 Value ETF Stock Up 0.2%

NYSEARCA IVE opened at $216.68 on Friday. The company has a market cap of $49.01 billion, a PE ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a 52 week low of $165.45 and a 52 week high of $218.44. The firm’s 50-day simple moving average is $213.70 and its two-hundred day simple moving average is $207.30.

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.