Cambridge Investment Research Advisors Inc. Boosts Stock Holdings in iShares S&P 500 Value ETF $IVE

Cambridge Investment Research Advisors Inc. grew its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 21.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 514,397 shares of the company’s stock after purchasing an additional 90,770 shares during the quarter. Cambridge Investment Research Advisors Inc. owned approximately 0.23% of iShares S&P 500 Value ETF worth $109,088,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. WealthPlan Investment Management LLC increased its holdings in shares of iShares S&P 500 Value ETF by 4.3% during the 4th quarter. WealthPlan Investment Management LLC now owns 99,316 shares of the company’s stock valued at $21,062,000 after purchasing an additional 4,119 shares in the last quarter. AlphaCore Capital LLC increased its holdings in shares of iShares S&P 500 Value ETF by 4.2% during the 4th quarter. AlphaCore Capital LLC now owns 19,095 shares of the company’s stock valued at $4,049,000 after purchasing an additional 773 shares in the last quarter. PAX Financial Group LLC increased its holdings in shares of iShares S&P 500 Value ETF by 62.1% during the 4th quarter. PAX Financial Group LLC now owns 140,243 shares of the company’s stock valued at $29,741,000 after purchasing an additional 53,752 shares in the last quarter. Bedminster LLC purchased a new position in shares of iShares S&P 500 Value ETF during the 4th quarter valued at approximately $265,000. Finally, Paulson Wealth Management Inc. purchased a new position in shares of iShares S&P 500 Value ETF during the 4th quarter valued at approximately $263,000.

iShares S&P 500 Value ETF Price Performance

NYSEARCA:IVE opened at $223.45 on Friday. The firm has a market cap of $49.34 billion, a price-to-earnings ratio of 20.70 and a beta of 0.83. The company has a 50 day moving average price of $216.67 and a 200-day moving average price of $215.21. iShares S&P 500 Value ETF has a 1-year low of $185.34 and a 1-year high of $225.90.

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. 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.