iShares S&P 500 Value ETF $IVE Shares Acquired by Advocacy Wealth Management LLC

Advocacy Wealth Management LLC lifted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 42.2% in the fourth quarter, Holdings Channel reports. The institutional investor owned 525,282 shares of the company’s stock after buying an additional 155,790 shares during the quarter. iShares S&P 500 Value ETF accounts for approximately 4.7% of Advocacy Wealth Management LLC’s portfolio, making the stock its 3rd biggest position. Advocacy Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $111,397,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in IVE. Brighton Jones LLC grew its position in shares of iShares S&P 500 Value ETF by 0.8% during the fourth quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock worth $2,679,000 after buying an additional 112 shares in the last quarter. Great Lakes Advisors LLC grew its position in shares of iShares S&P 500 Value ETF by 6,385.7% during the first quarter. Great Lakes Advisors LLC now owns 454 shares of the company’s stock worth $83,000 after buying an additional 447 shares in the last quarter. Schnieders Capital Management LLC. acquired a new stake in shares of iShares S&P 500 Value ETF during the second quarter worth approximately $550,000. Russell Investments Group Ltd. grew its position in shares of iShares S&P 500 Value ETF by 28.8% during the second quarter. Russell Investments Group Ltd. now owns 2,131 shares of the company’s stock worth $416,000 after buying an additional 477 shares in the last quarter. Finally, First Trust Advisors LP grew its position in shares of iShares S&P 500 Value ETF by 2.8% during the second quarter. First Trust Advisors LP now owns 26,527 shares of the company’s stock worth $5,184,000 after buying an additional 731 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

iShares S&P 500 Value ETF stock opened at $226.05 on Tuesday. The company has a market cap of $49.91 billion, a PE ratio of 20.70 and a beta of 0.82. The company has a fifty day moving average price of $221.33 and a two-hundred day moving average price of $217.28. iShares S&P 500 Value ETF has a 12 month low of $189.66 and a 12 month high of $229.53.

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.