PFG Private Wealth Management LLC Purchases New Holdings in iShares S&P 500 Value ETF $IVE

PFG Private Wealth Management LLC purchased a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 3,221 shares of the company’s stock, valued at approximately $665,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. United Services Automobile Association purchased a new position in iShares S&P 500 Value ETF in the second quarter valued at about $26,000. Harbor Asset Planning Inc. bought a new stake in iShares S&P 500 Value ETF during the 2nd quarter valued at $30,000. Center for Financial Planning Inc. bought a new stake in iShares S&P 500 Value ETF during the 3rd quarter valued at $32,000. Tripletail Wealth Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the third quarter worth $37,000. Finally, Rossmore Private Capital bought a new position in shares of iShares S&P 500 Value ETF in the third quarter worth $44,000.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA IVE opened at $218.98 on Friday. iShares S&P 500 Value ETF has a fifty-two week low of $165.45 and a fifty-two week high of $223.06. The stock has a market cap of $49.47 billion, a PE ratio of 20.70 and a beta of 0.89. The stock has a fifty day moving average of $215.65 and a 200-day moving average of $208.83.

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.