Lido Advisors LLC Has $369.31 Million Stock Position in iShares S&P 500 Value ETF $IVE

Lido Advisors LLC increased its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 9.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,788,336 shares of the company’s stock after acquiring an additional 150,284 shares during the period. iShares S&P 500 Value ETF comprises 1.2% of Lido Advisors LLC’s holdings, making the stock its 10th largest holding. Lido Advisors LLC owned approximately 0.88% of iShares S&P 500 Value ETF worth $369,310,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. FLP Wealth Management LLC boosted its stake in iShares S&P 500 Value ETF by 628.5% in the third quarter. FLP Wealth Management LLC now owns 16,727 shares of the company’s stock valued at $3,454,000 after buying an additional 14,431 shares in the last quarter. Great Point Wealth Advisors LLC acquired a new position in iShares S&P 500 Value ETF during the third quarter worth about $2,478,000. Detalus Advisors LLC raised its stake in 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 worth $17,354,000 after acquiring an additional 2,909 shares in the last quarter. Curbstone Financial Management Corp bought a new position in shares of iShares S&P 500 Value ETF in the third quarter worth about $564,000. Finally, BIP Wealth LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 185.4% in the third quarter. BIP Wealth LLC now owns 6,001 shares of the company’s stock worth $1,239,000 after acquiring an additional 3,898 shares during the last quarter.

iShares S&P 500 Value ETF Trading Down 0.1%

IVE opened at $211.71 on Monday. The company has a market cap of $47.83 billion, a P/E ratio of 20.70 and a beta of 0.89. The company’s 50 day moving average is $218.23 and its 200-day moving average is $211.76. 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 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.