iShares S&P 500 Value ETF $IVE Shares Bought by ADG Wealth Management Group LLC

ADG Wealth Management Group LLC grew its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 63,390 shares of the company’s stock after buying an additional 2,404 shares during the period. iShares S&P 500 Value ETF makes up approximately 10.2% of ADG Wealth Management Group LLC’s investment portfolio, making the stock its 3rd largest position. ADG Wealth Management Group LLC’s holdings in iShares S&P 500 Value ETF were worth $13,443,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. boosted its holdings in iShares S&P 500 Value ETF by 5.4% in the third quarter. Envestnet Asset Management Inc. now owns 22,121,389 shares of the company’s stock worth $4,568,288,000 after purchasing an additional 1,137,886 shares during the period. Park Avenue Securities LLC raised its holdings in shares of iShares S&P 500 Value ETF by 40.4% during the fourth quarter. Park Avenue Securities LLC now owns 2,467,550 shares of the company’s stock worth $523,293,000 after purchasing an additional 710,518 shares during the period. Ameriprise Financial Inc. raised its holdings in shares of iShares S&P 500 Value ETF by 19.0% during the second quarter. Ameriprise Financial Inc. now owns 3,031,014 shares of the company’s stock worth $591,818,000 after purchasing an additional 484,782 shares during the period. EP Wealth Advisors LLC raised its holdings in shares of iShares S&P 500 Value ETF by 795.8% during the second quarter. EP Wealth Advisors LLC now owns 373,966 shares of the company’s stock worth $73,081,000 after purchasing an additional 332,218 shares during the period. Finally, Two Sigma Investments LP lifted its position in shares of iShares S&P 500 Value ETF by 700.0% in the 3rd quarter. Two Sigma Investments LP now owns 327,200 shares of the company’s stock worth $67,570,000 after buying an additional 286,300 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE opened at $211.15 on Wednesday. iShares S&P 500 Value ETF has a one year low of $165.45 and a one year high of $223.05. The company has a 50-day simple moving average of $216.74 and a 200-day simple moving average of $212.33. The firm has a market capitalization of $47.70 billion, a PE 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.