Saxony Capital Management LLC Buys Shares of 13,477 iShares S&P 500 Value ETF (NYSEARCA:IVE)

Saxony Capital Management LLC purchased a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 13,477 shares of the company’s stock, valued at approximately $2,572,000. iShares S&P 500 Value ETF comprises 2.3% of Saxony Capital Management LLC’s investment portfolio, making the stock its 11th biggest position.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Alta Wealth Advisors LLC raised its stake in shares of iShares S&P 500 Value ETF by 14.9% in the 4th quarter. Alta Wealth Advisors LLC now owns 15,127 shares of the company’s stock valued at $2,887,000 after acquiring an additional 1,967 shares in the last quarter. Institute for Wealth Management LLC. grew its holdings in iShares S&P 500 Value ETF by 7.6% during the fourth quarter. Institute for Wealth Management LLC. now owns 1,697 shares of the company’s stock valued at $324,000 after purchasing an additional 120 shares during the last quarter. Fiduciary Advisors Inc. bought a new position in shares of iShares S&P 500 Value ETF in the fourth quarter valued at approximately $197,000. Fifth Third Securities Inc. raised its position in shares of iShares S&P 500 Value ETF by 29.9% in the fourth quarter. Fifth Third Securities Inc. now owns 42,102 shares of the company’s stock valued at $8,036,000 after purchasing an additional 9,700 shares during the period. Finally, SOL Capital Management CO lifted its stake in shares of iShares S&P 500 Value ETF by 7.1% in the fourth quarter. SOL Capital Management CO now owns 15,400 shares of the company’s stock worth $2,940,000 after buying an additional 1,015 shares during the last quarter.

iShares S&P 500 Value ETF Trading Up 0.1 %

NYSEARCA:IVE opened at $197.41 on Friday. The firm has a market capitalization of $35.37 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 1 year low of $173.01 and a 1 year high of $206.63. The firm’s fifty day simple moving average is $196.15 and its 200 day simple moving average is $194.83.

iShares S&P 500 Value ETF 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.