Regal Investment Advisors LLC Increases Position in iShares S&P 500 Value ETF $IVE

Regal Investment Advisors LLC boosted its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 10.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 62,201 shares of the company’s stock after acquiring an additional 5,648 shares during the quarter. iShares S&P 500 Value ETF accounts for approximately 0.8% of Regal Investment Advisors LLC’s portfolio, making the stock its 21st largest holding. Regal Investment Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $12,845,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. United Services Automobile Association bought a new stake in iShares S&P 500 Value ETF during the second quarter worth about $26,000. Center for Financial Planning Inc. purchased a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter worth about $32,000. Tripletail Wealth Management LLC bought a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at about $37,000. Rossmore Private Capital bought a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at about $44,000. Finally, Cloud Capital Management LLC purchased a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at about $45,000.

iShares S&P 500 Value ETF Price Performance

NYSEARCA:IVE opened at $211.71 on Friday. The business has a 50 day moving average of $218.23 and a 200 day moving average of $211.64. The company has a market capitalization of $47.83 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89. 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 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.