Advisory Services Network LLC Raises Holdings in iShares S&P 500 Value ETF $IVE

Advisory Services Network LLC boosted its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.4% in the 3rd quarter, Holdings Channel.com reports. The fund owned 79,626 shares of the company’s stock after buying an additional 2,589 shares during the quarter. Advisory Services Network LLC’s holdings in iShares S&P 500 Value ETF were worth $16,444,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. REAP Financial Group LLC grew its holdings in shares of iShares S&P 500 Value ETF by 9.7% during the 3rd quarter. REAP Financial Group LLC now owns 542 shares of the company’s stock worth $112,000 after purchasing an additional 48 shares during the period. Dumont & Blake Investment Advisors LLC raised its holdings in iShares S&P 500 Value ETF by 0.5% in the 3rd quarter. Dumont & Blake Investment Advisors LLC now owns 10,795 shares of the company’s stock valued at $2,229,000 after buying an additional 49 shares during the period. Signal Advisors Wealth LLC lifted its position in iShares S&P 500 Value ETF by 0.6% in the third quarter. Signal Advisors Wealth LLC now owns 9,010 shares of the company’s stock valued at $1,861,000 after buying an additional 51 shares during the last quarter. Rossby Financial LCC lifted its position in iShares S&P 500 Value ETF by 7.5% in the third quarter. Rossby Financial LCC now owns 757 shares of the company’s stock valued at $157,000 after buying an additional 53 shares during the last quarter. Finally, CPC Advisors LLC boosted its stake in iShares S&P 500 Value ETF by 4.9% during the third quarter. CPC Advisors LLC now owns 1,255 shares of the company’s stock worth $259,000 after buying an additional 59 shares during the period.

iShares S&P 500 Value ETF Price Performance

Shares of IVE opened at $213.21 on Wednesday. iShares S&P 500 Value ETF has a 1-year low of $165.45 and a 1-year high of $223.05. The stock has a market cap of $48.16 billion, a PE ratio of 20.70 and a beta of 0.89. The firm has a 50-day simple moving average of $218.14 and a two-hundred day simple moving average of $211.89.

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.