Focus Partners Advisor Solutions LLC Buys 3,853 Shares of iShares S&P 500 Value ETF $IVE

Focus Partners Advisor Solutions LLC grew its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 19.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 23,170 shares of the company’s stock after purchasing an additional 3,853 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in iShares S&P 500 Value ETF were worth $4,914,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its stake in iShares S&P 500 Value ETF by 96.6% in the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 223,947 shares of the company’s stock valued at $47,492,000 after acquiring an additional 110,058 shares in the last quarter. FLP Wealth Management LLC lifted its stake in shares of iShares S&P 500 Value ETF by 1,182.9% during the fourth quarter. FLP Wealth Management LLC now owns 23,964 shares of the company’s stock worth $5,082,000 after buying an additional 22,096 shares during the period. Centurion Wealth Management LLC lifted its stake in shares of iShares S&P 500 Value ETF by 24.7% during the fourth quarter. Centurion Wealth Management LLC now owns 24,643 shares of the company’s stock worth $5,226,000 after buying an additional 4,876 shares during the period. Cassilly Financial Group LLC purchased a new position in shares of iShares S&P 500 Value ETF during the fourth quarter worth $2,294,000. Finally, Astoria Strategic Wealth Inc. raised its holdings in shares of iShares S&P 500 Value ETF by 6.4% during the third quarter. Astoria Strategic Wealth Inc. now owns 73,162 shares of the company’s stock worth $15,109,000 after purchasing an additional 4,408 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

IVE opened at $226.51 on Wednesday. iShares S&P 500 Value ETF has a fifty-two week low of $189.66 and a fifty-two week high of $229.53. The company has a fifty day moving average of $221.71 and a two-hundred day moving average of $217.43. The stock has a market capitalization of $50.01 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82.

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.