A4 Wealth Advisors LLC Invests $2.87 Million in iShares S&P 500 Value ETF $IVE

A4 Wealth Advisors LLC bought a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 13,906 shares of the company’s stock, valued at approximately $2,872,000. iShares S&P 500 Value ETF accounts for 2.4% of A4 Wealth Advisors LLC’s portfolio, making the stock its 7th largest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of IVE. United Services Automobile Association purchased a new stake in iShares S&P 500 Value ETF during the 2nd quarter valued at approximately $26,000. Harbor Asset Planning Inc. bought a new position in iShares S&P 500 Value ETF during the second quarter valued at $30,000. Tripletail Wealth Management LLC purchased a new position in iShares S&P 500 Value ETF in the third quarter worth about $37,000. Rossmore Private Capital purchased a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter worth approximately $44,000. Finally, Cloud Capital Management LLC bought a new stake in iShares S&P 500 Value ETF in the third quarter worth $45,000.

iShares S&P 500 Value ETF Trading Up 0.3%

IVE stock opened at $217.24 on Monday. iShares S&P 500 Value ETF has a 12 month low of $165.45 and a 12 month high of $218.44. The stock has a market cap of $49.14 billion, a PE ratio of 20.70 and a beta of 0.89. The company has a 50-day moving average price of $213.92 and a 200 day moving average price of $207.59.

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.