Madrona Financial Services LLC Buys New Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Madrona Financial Services LLC bought a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 31,055 shares of the company’s stock, valued at approximately $6,123,000. iShares S&P 500 Value ETF makes up about 1.7% of Madrona Financial Services LLC’s portfolio, making the stock its 17th largest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. Fisher Asset Management LLC purchased a new position in iShares S&P 500 Value ETF during the 4th quarter worth $251,000. Apella Capital LLC grew its stake in shares of iShares S&P 500 Value ETF by 97.6% during the first quarter. Apella Capital LLC now owns 2,425 shares of the company’s stock worth $447,000 after acquiring an additional 1,198 shares during the last quarter. Aprio Wealth Management LLC acquired a new position in shares of iShares S&P 500 Value ETF during the first quarter valued at about $213,000. LexAurum Advisors LLC purchased a new position in shares of iShares S&P 500 Value ETF in the 1st quarter valued at approximately $452,000. Finally, RFG Advisory LLC boosted its stake in iShares S&P 500 Value ETF by 200.3% in the 1st quarter. RFG Advisory LLC now owns 30,233 shares of the company’s stock worth $5,648,000 after purchasing an additional 20,165 shares in the last quarter.

iShares S&P 500 Value ETF Trading Down 0.2 %

Shares of iShares S&P 500 Value ETF stock opened at $200.41 on Friday. The firm’s 50 day simple moving average is $194.33 and its two-hundred day simple moving average is $187.10. The firm has a market capitalization of $35.90 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 12-month low of $147.23 and a 12-month high of $201.08.

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.