CFS Investment Advisory Services LLC Increases Stock Holdings in iShares S&P 500 Value ETF $IVE

CFS Investment Advisory Services LLC raised its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 20.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 41,308 shares of the company’s stock after purchasing an additional 7,070 shares during the quarter. CFS Investment Advisory Services LLC’s holdings in iShares S&P 500 Value ETF were worth $8,760,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of IVE. Decker Retirement Planning Inc. purchased a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at approximately $26,000. United Services Automobile Association purchased a new stake in shares of iShares S&P 500 Value ETF in the second quarter valued at approximately $26,000. Palisade Asset Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the third quarter valued at approximately $29,000. Ransom Advisory Ltd purchased a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at approximately $31,000. Finally, Birchbrook Inc. purchased a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at approximately $31,000.

iShares S&P 500 Value ETF Price Performance

iShares S&P 500 Value ETF stock opened at $228.32 on Friday. iShares S&P 500 Value ETF has a 1-year low of $187.50 and a 1-year high of $228.95. The company has a market cap of $50.41 billion, a PE ratio of 20.70 and a beta of 0.83. The stock’s 50 day moving average price is $218.88 and its 200 day moving average price is $216.40.

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.