Pacific Excel Wealth Advisors Inc. Makes New Investment in iShares S&P 500 Value ETF $IVE

Pacific Excel Wealth Advisors Inc. bought a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 2,473 shares of the company’s stock, valued at approximately $561,000.

Other hedge funds have also made changes to their positions in the company. Assetmark Inc. boosted its position in shares of iShares S&P 500 Value ETF by 30.3% during the fourth quarter. Assetmark Inc. now owns 22,567 shares of the company’s stock worth $4,786,000 after buying an additional 5,244 shares during the period. TSA Wealth Managment LLC raised its holdings in shares of iShares S&P 500 Value ETF by 49.4% in the 4th quarter. TSA Wealth Managment LLC now owns 63,045 shares of the company’s stock valued at $13,370,000 after buying an additional 20,845 shares during the period. Diversify Advisory Services LLC lifted its stake in iShares S&P 500 Value ETF by 31.7% during the 4th quarter. Diversify Advisory Services LLC now owns 27,749 shares of the company’s stock worth $6,029,000 after acquiring an additional 6,675 shares in the last quarter. Asset Dedication LLC lifted its stake in iShares S&P 500 Value ETF by 20.7% during the 4th quarter. Asset Dedication LLC now owns 14,669 shares of the company’s stock worth $3,111,000 after acquiring an additional 2,516 shares in the last quarter. Finally, TD Waterhouse Canada Inc. boosted its holdings in iShares S&P 500 Value ETF by 5.4% during the 4th quarter. TD Waterhouse Canada Inc. now owns 165,522 shares of the company’s stock valued at $35,092,000 after acquiring an additional 8,408 shares during the period.

iShares S&P 500 Value ETF Price Performance

NYSEARCA IVE opened at $235.67 on Wednesday. The company has a market cap of $49.81 billion, a P/E ratio of 20.70 and a beta of 0.82. The stock has a 50-day moving average of $229.09 and a two-hundred day moving average of $222.18. iShares S&P 500 Value ETF has a 1-year low of $195.74 and a 1-year high of $235.95.

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.