Concurrent Investment Advisors LLC Boosts Position in iShares S&P 500 Value ETF $IVE

Concurrent Investment Advisors LLC raised its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 16.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 64,334 shares of the company’s stock after buying an additional 9,176 shares during the period. Concurrent Investment Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $13,286,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of IVE. United Services Automobile Association purchased a new stake in shares of iShares S&P 500 Value ETF in the second quarter valued at approximately $26,000. Harbor Asset Planning Inc. purchased a new stake in shares of iShares S&P 500 Value ETF in the 2nd quarter worth $30,000. Ryan Investment Management Inc. bought a new position in shares of iShares S&P 500 Value ETF during the 2nd quarter worth $36,000. Tripletail Wealth Management LLC bought a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter worth $37,000. Finally, Atwood & Palmer Inc. purchased a new position in shares of iShares S&P 500 Value ETF during the second quarter valued at $38,000.

iShares S&P 500 Value ETF Price Performance

NYSEARCA:IVE opened at $217.23 on Tuesday. iShares S&P 500 Value ETF has a 1-year low of $165.45 and a 1-year high of $217.69. The company has a 50-day moving average of $211.48 and a 200 day moving average of $205.67. The firm has a market cap of $49.17 billion, a PE ratio of 20.70 and a beta of 0.89.

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.