Moneta Group Investment Advisors LLC Purchases 11,112 Shares of iShares S&P 500 Value ETF $IVE

Moneta Group Investment Advisors LLC raised its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.1% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 369,806 shares of the company’s stock after purchasing an additional 11,112 shares during the period. Moneta Group Investment Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $76,369,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also made changes to their positions in the company. United Services Automobile Association bought a new position in shares of iShares S&P 500 Value ETF during the 2nd quarter worth $26,000. Center for Financial Planning Inc. bought a new stake in shares of iShares S&P 500 Value ETF in the third quarter valued at about $32,000. Tripletail Wealth Management LLC bought a new stake in shares of iShares S&P 500 Value ETF in the third quarter valued at about $37,000. Rossmore Private Capital purchased a new stake in iShares S&P 500 Value ETF in the third quarter worth about $44,000. Finally, Cloud Capital Management LLC purchased a new stake in iShares S&P 500 Value ETF in the third quarter worth about $45,000.

iShares S&P 500 Value ETF Price Performance

Shares of iShares S&P 500 Value ETF stock opened at $213.31 on Tuesday. The stock has a market cap of $48.19 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89. The firm’s 50-day moving average is $218.20 and its two-hundred day moving average is $211.83. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year high of $223.05.

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.