iShares S&P 500 Value ETF $IVE Stock Purchased by Sax Wealth Advisors LLC

Sax Wealth Advisors LLC lifted its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 18.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 41,206 shares of the company’s stock after buying an additional 6,309 shares during the period. Sax Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $9,407,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in IVE. RMG Wealth Management LLC bought a new position in iShares S&P 500 Value ETF in the first quarter worth approximately $27,000. Sankala Group LLC purchased a new position in shares of iShares S&P 500 Value ETF during the 4th quarter valued at $35,000. Indiana Trust & Investment Management Co raised its holdings in iShares S&P 500 Value ETF by 107.6% during the first quarter. Indiana Trust & Investment Management Co now owns 191 shares of the company’s stock valued at $40,000 after acquiring an additional 99 shares during the period. Abound Financial LLC purchased a new stake in iShares S&P 500 Value ETF during the 4th quarter valued at approximately $43,000. Finally, First Bancorp Inc ME purchased a new position in iShares S&P 500 Value ETF during the 2nd quarter valued at approximately $45,000.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:IVE traded up $0.12 on Tuesday, reaching $234.02. The company’s stock had a trading volume of 283,613 shares, compared to its average volume of 936,710. iShares S&P 500 Value ETF has a 52-week low of $202.86 and a 52-week high of $239.93. The company has a 50-day simple moving average of $234.45 and a 200 day simple moving average of $228.04. The company has a market cap of $49.52 billion, a P/E ratio of 20.70 and a beta of 0.83.

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.