Mutual Advisors LLC Buys 3,694 Shares of iShares S&P 500 Value ETF $IVE

Mutual Advisors LLC raised its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 56,300 shares of the company’s stock after buying an additional 3,694 shares during the quarter. Mutual Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $11,940,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of IVE. Great Point Wealth Advisors LLC acquired a new position in shares of iShares S&P 500 Value ETF during the third quarter valued at about $2,478,000. Detalus Advisors LLC grew its holdings in shares of iShares S&P 500 Value ETF by 3.6% during the third quarter. Detalus Advisors LLC now owns 84,033 shares of the company’s stock valued at $17,354,000 after buying an additional 2,909 shares during the last quarter. BIP Wealth LLC grew its holdings in shares of iShares S&P 500 Value ETF by 185.4% during the third quarter. BIP Wealth LLC now owns 6,001 shares of the company’s stock valued at $1,239,000 after buying an additional 3,898 shares during the last quarter. Arkadios Wealth Advisors grew its holdings in shares of iShares S&P 500 Value ETF by 7.1% during the third quarter. Arkadios Wealth Advisors now owns 61,315 shares of the company’s stock valued at $12,662,000 after buying an additional 4,048 shares during the last quarter. Finally, Centurion Wealth Management LLC grew its holdings in shares of iShares S&P 500 Value ETF by 24.7% during the fourth quarter. Centurion Wealth Management LLC now owns 24,643 shares of the company’s stock valued at $5,226,000 after buying an additional 4,876 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA IVE opened at $223.67 on Friday. The stock has a market capitalization of $49.40 billion, a P/E ratio of 20.70 and a beta of 0.85. The company has a 50-day moving average price of $216.09 and a 200-day moving average price of $214.08. iShares S&P 500 Value ETF has a 1 year low of $183.05 and a 1 year high of $224.02.

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.