Processus Wealth & Capital Management LLC Purchases 287 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Processus Wealth & Capital Management LLC boosted its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,146 shares of the company’s stock after buying an additional 287 shares during the period. Processus Wealth & Capital Management LLC’s holdings in iShares S&P 500 Value ETF were worth $791,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. grew its position in iShares S&P 500 Value ETF by 162.3% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,017 shares of the company’s stock valued at $396,000 after buying an additional 1,248 shares during the period. Arkadios Wealth Advisors increased its position in shares of iShares S&P 500 Value ETF by 8.5% in the third quarter. Arkadios Wealth Advisors now owns 5,605 shares of the company’s stock worth $1,105,000 after purchasing an additional 437 shares during the last quarter. Gemmer Asset Management LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 17.5% during the 3rd quarter. Gemmer Asset Management LLC now owns 9,369 shares of the company’s stock worth $1,847,000 after acquiring an additional 1,393 shares during the last quarter. Southern Capital Advisors LLC raised its position in iShares S&P 500 Value ETF by 4.6% during the third quarter. Southern Capital Advisors LLC now owns 15,106 shares of the company’s stock valued at $2,978,000 after purchasing an additional 665 shares in the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its position in iShares S&P 500 Value ETF by 4.2% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 7,715 shares of the company’s stock valued at $1,521,000 after purchasing an additional 309 shares in the last quarter.

iShares S&P 500 Value ETF Trading Up 0.1 %

IVE opened at $196.65 on Tuesday. The company has a market cap of $35.87 billion, a P/E ratio of 22.47 and a beta of 0.95. iShares S&P 500 Value ETF has a 12 month low of $176.09 and a 12 month high of $206.63. The business’s 50-day moving average price is $194.13 and its 200-day moving average price is $196.02.

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.