Ehrlich Financial Group Buys 8,875 Shares of iShares S&P 500 Value ETF $IVE

Ehrlich Financial Group increased its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 20.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 52,010 shares of the company’s stock after purchasing an additional 8,875 shares during the period. iShares S&P 500 Value ETF makes up approximately 6.3% of Ehrlich Financial Group’s investment portfolio, making the stock its 2nd largest holding. Ehrlich Financial Group’s holdings in iShares S&P 500 Value ETF were worth $11,030,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Park Avenue Securities LLC grew its position in shares of iShares S&P 500 Value ETF by 40.4% during the 4th quarter. Park Avenue Securities LLC now owns 2,467,550 shares of the company’s stock worth $523,293,000 after buying an additional 710,518 shares during the period. Foguth Wealth Management LLC. acquired a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter valued at approximately $422,000. Tudor Investment Corp ET AL bought a new position in iShares S&P 500 Value ETF during the 3rd quarter worth approximately $3,049,000. Cape Investment Advisory Inc. boosted its stake in iShares S&P 500 Value ETF by 14.3% during the 3rd quarter. Cape Investment Advisory Inc. now owns 2,552 shares of the company’s stock worth $527,000 after acquiring an additional 319 shares during the last quarter. Finally, Bush Investment Group LLC grew its holdings in iShares S&P 500 Value ETF by 5.8% during the third quarter. Bush Investment Group LLC now owns 14,469 shares of the company’s stock valued at $2,988,000 after purchasing an additional 792 shares during the period.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:IVE opened at $209.72 on Friday. iShares S&P 500 Value ETF has a 52 week low of $165.45 and a 52 week high of $223.05. The company has a market capitalization of $47.38 billion, a PE ratio of 20.70 and a beta of 0.89. The company has a 50 day moving average price of $217.92 and a two-hundred day moving average price of $211.86.

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. 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.