iShares S&P 500 Value ETF $IVE Stake Boosted by Probity Advisors Inc.

Probity Advisors Inc. increased its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 283,962 shares of the company’s stock after buying an additional 9,514 shares during the period. iShares S&P 500 Value ETF comprises approximately 9.7% of Probity Advisors Inc.’s holdings, making the stock its 2nd largest holding. Probity Advisors Inc. owned about 0.14% of iShares S&P 500 Value ETF worth $55,492,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. LGT Financial Advisors LLC lifted its position in shares of iShares S&P 500 Value ETF by 24.8% during the second quarter. LGT Financial Advisors LLC now owns 1,093 shares of the company’s stock valued at $214,000 after buying an additional 217 shares during the last quarter. Triton Financial Group Inc purchased a new stake in shares of iShares S&P 500 Value ETF during the second quarter valued at about $358,000. Avidian Wealth Enterprises LLC lifted its position in shares of iShares S&P 500 Value ETF by 2.0% during the second quarter. Avidian Wealth Enterprises LLC now owns 43,857 shares of the company’s stock valued at $8,571,000 after buying an additional 867 shares during the last quarter. Schnieders Capital Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the second quarter valued at about $550,000. Finally, Crewe Advisors LLC lifted its position in shares of iShares S&P 500 Value ETF by 82.0% during the second quarter. Crewe Advisors LLC now owns 1,241 shares of the company’s stock valued at $243,000 after buying an additional 559 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

IVE stock opened at $208.42 on Tuesday. The firm has a market cap of $42.14 billion, a price-to-earnings ratio of 20.70 and a beta of 0.94. The firm has a 50-day simple moving average of $204.25 and a two-hundred day simple moving average of $194.84. iShares S&P 500 Value ETF has a one year low of $165.45 and a one year high of $209.12.

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.