Great Point Wealth Advisors LLC Purchases New Stake in iShares S&P 500 Value ETF $IVE

Great Point Wealth Advisors LLC acquired a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the third quarter, Holdings Channel.com reports. The institutional investor acquired 12,001 shares of the company’s stock, valued at approximately $2,478,000.

Several other large investors also recently added to or reduced their stakes in the stock. Csenge Advisory Group increased its stake in shares of iShares S&P 500 Value ETF by 7.0% in the 3rd quarter. Csenge Advisory Group now owns 62,198 shares of the company’s stock worth $12,845,000 after acquiring an additional 4,087 shares during the last quarter. Jackson Hole Capital Partners LLC grew its holdings in shares of iShares S&P 500 Value ETF by 1.5% in the third quarter. Jackson Hole Capital Partners LLC now owns 20,651 shares of the company’s stock valued at $4,265,000 after purchasing an additional 306 shares during the period. Gilliland Jeter Wealth Management LLC grew its holdings in shares of iShares S&P 500 Value ETF by 25.3% in the third quarter. Gilliland Jeter Wealth Management LLC now owns 3,569 shares of the company’s stock valued at $737,000 after purchasing an additional 720 shares during the period. Foundation Wealth Management LLC increased its position in iShares S&P 500 Value ETF by 4.0% during the third quarter. Foundation Wealth Management LLC now owns 184,882 shares of the company’s stock worth $38,180,000 after purchasing an additional 7,086 shares during the last quarter. Finally, Blalock Williams LLC purchased a new position in iShares S&P 500 Value ETF during the third quarter worth about $2,951,000.

iShares S&P 500 Value ETF Price Performance

NYSEARCA:IVE opened at $217.26 on Friday. The company’s 50-day moving average is $212.25 and its two-hundred day moving average is $206.14. iShares S&P 500 Value ETF has a 1-year low of $165.45 and a 1-year high of $218.44. The firm has a market capitalization of $49.25 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89.

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. 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.