Beto Financial Group LLC Acquires Shares of 44,584 iShares S&P 500 Value ETF $IVE

Beto Financial Group LLC acquired a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 44,584 shares of the company’s stock, valued at approximately $9,766,000. iShares S&P 500 Value ETF comprises approximately 6.7% of Beto Financial Group LLC’s investment portfolio, making the stock its 2nd largest position.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. REAP Financial Group LLC increased its holdings in shares of iShares S&P 500 Value ETF by 9.7% in the third quarter. REAP Financial Group LLC now owns 542 shares of the company’s stock valued at $112,000 after purchasing an additional 48 shares during the last quarter. Flagship Private Wealth LLC increased its holdings in shares of iShares S&P 500 Value ETF by 1.1% in the fourth quarter. Flagship Private Wealth LLC now owns 4,250 shares of the company’s stock valued at $901,000 after purchasing an additional 48 shares during the last quarter. Patten & Patten Inc. TN boosted its position in shares of iShares S&P 500 Value ETF by 4.8% in the fourth quarter. Patten & Patten Inc. TN now owns 1,048 shares of the company’s stock valued at $222,000 after acquiring an additional 48 shares during the period. Bernardo Wealth Planning LLC boosted its position in shares of iShares S&P 500 Value ETF by 0.5% in the fourth quarter. Bernardo Wealth Planning LLC now owns 9,495 shares of the company’s stock valued at $2,014,000 after acquiring an additional 49 shares during the period. Finally, Stegner Investment Associates Inc. boosted its position in shares of iShares S&P 500 Value ETF by 0.3% in the fourth quarter. Stegner Investment Associates Inc. now owns 16,304 shares of the company’s stock valued at $3,457,000 after acquiring an additional 49 shares during the period.

iShares S&P 500 Value ETF Stock Performance

Shares of iShares S&P 500 Value ETF stock opened at $226.71 on Tuesday. The firm has a 50-day moving average of $219.58 and a 200-day moving average of $216.64. The stock has a market cap of $50.06 billion, a PE ratio of 20.70 and a beta of 0.83. iShares S&P 500 Value ETF has a 52-week low of $187.50 and a 52-week high of $228.95.

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.