iShares S&P 500 Value ETF $IVE Holdings Boosted by ADG Wealth Management Group LLC

ADG Wealth Management Group LLC increased its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 50.4% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 95,344 shares of the company’s stock after buying an additional 31,954 shares during the period. iShares S&P 500 Value ETF comprises approximately 14.0% of ADG Wealth Management Group LLC’s investment portfolio, making the stock its 2nd biggest holding. ADG Wealth Management Group LLC’s holdings in iShares S&P 500 Value ETF were worth $20,132,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of IVE. Simplex Trading LLC purchased a new position in iShares S&P 500 Value ETF in the fourth quarter valued at about $25,000. Hilton Head Capital Partners LLC purchased a new position in shares of iShares S&P 500 Value ETF in the 4th quarter worth approximately $25,000. Decker Retirement Planning Inc. purchased a new position in shares of iShares S&P 500 Value ETF in the 4th quarter worth approximately $26,000. United Services Automobile Association bought a new position in shares of iShares S&P 500 Value ETF during the 2nd quarter worth approximately $26,000. Finally, Palisade Asset Management LLC purchased a new position in iShares S&P 500 Value ETF in the third quarter worth $29,000.

iShares S&P 500 Value ETF Trading Down 0.1%

Shares of IVE stock opened at $226.09 on Friday. iShares S&P 500 Value ETF has a 12-month low of $192.90 and a 12-month high of $230.05. The business’s fifty day simple moving average is $224.91 and its 200-day simple moving average is $218.86. The company has a market cap of $49.92 billion, a PE ratio of 20.70 and a beta of 0.82.

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.