Fortitude Family Office LLC Invests $2.13 Million in iShares S&P 500 Value ETF $IVE

Fortitude Family Office LLC acquired a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 3rd quarter, HoldingsChannel.com reports. The fund acquired 10,300 shares of the company’s stock, valued at approximately $2,127,000.

Several other hedge funds also recently bought and sold shares of IVE. FFG Retirement Advisors LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 1.2% in the 3rd quarter. FFG Retirement Advisors LLC now owns 21,202 shares of the company’s stock worth $4,378,000 after acquiring an additional 251 shares during the last quarter. Lpwm LLC lifted its stake in iShares S&P 500 Value ETF by 3.1% during the third quarter. Lpwm LLC now owns 317,272 shares of the company’s stock worth $65,520,000 after purchasing an additional 9,585 shares in the last quarter. Dumont & Blake Investment Advisors LLC boosted its position in shares of iShares S&P 500 Value ETF by 0.5% during the third quarter. Dumont & Blake Investment Advisors LLC now owns 10,795 shares of the company’s stock worth $2,229,000 after buying an additional 49 shares during the period. 5T Wealth LLC grew its stake in shares of iShares S&P 500 Value ETF by 9.7% in the third quarter. 5T Wealth LLC now owns 27,831 shares of the company’s stock valued at $5,747,000 after buying an additional 2,461 shares in the last quarter. Finally, Permanent Capital Management LP acquired a new stake in shares of iShares S&P 500 Value ETF in the third quarter valued at $318,000.

iShares S&P 500 Value ETF Trading Down 0.2%

IVE opened at $213.79 on Tuesday. The stock’s 50-day moving average price is $210.41 and its 200 day moving average price is $204.03. iShares S&P 500 Value ETF has a 12-month low of $165.45 and a 12-month high of $214.90. The firm has a market cap of $43.60 billion, a price-to-earnings 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.