Private Advisor Group LLC Boosts Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Private Advisor Group LLC grew its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 201,170 shares of the company’s stock after buying an additional 4,007 shares during the period. Private Advisor Group LLC owned 0.11% of iShares S&P 500 Value ETF worth $38,399,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Flagstar Advisors Inc. increased its stake in shares of iShares S&P 500 Value ETF by 3.2% during the fourth quarter. Flagstar Advisors Inc. now owns 23,261 shares of the company’s stock valued at $4,440,000 after buying an additional 731 shares during the period. Semus Wealth Partners LLC increased its stake in shares of iShares S&P 500 Value ETF by 14.5% during the fourth quarter. Semus Wealth Partners LLC now owns 2,693 shares of the company’s stock valued at $514,000 after buying an additional 341 shares during the period. SilverOak Wealth Management LLC increased its stake in shares of iShares S&P 500 Value ETF by 0.9% during the fourth quarter. SilverOak Wealth Management LLC now owns 94,714 shares of the company’s stock valued at $18,079,000 after buying an additional 869 shares during the period. Bank of Jackson Hole Trust purchased a new position in shares of iShares S&P 500 Value ETF during the fourth quarter valued at approximately $194,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its stake in iShares S&P 500 Value ETF by 15.4% in the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 83,207 shares of the company’s stock worth $15,884,000 after purchasing an additional 11,116 shares during the period.

iShares S&P 500 Value ETF Stock Up 0.6 %

Shares of IVE stock opened at $197.74 on Wednesday. The stock has a market cap of $36.07 billion, a price-to-earnings ratio of 22.47 and a beta of 0.95. The business’s fifty day moving average is $194.23 and its 200 day moving average is $195.55. iShares S&P 500 Value ETF has a twelve month low of $176.09 and a twelve month high of $206.63.

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.