Guidance Point Advisors LLC Purchases 1,620 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Guidance Point Advisors LLC boosted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 61,278 shares of the company’s stock after buying an additional 1,620 shares during the period. iShares S&P 500 Value ETF accounts for 3.3% of Guidance Point Advisors LLC’s investment portfolio, making the stock its 7th largest position. Guidance Point Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $11,696,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in IVE. Benjamin Edwards Inc. acquired a new position in iShares S&P 500 Value ETF during the third quarter worth approximately $243,000. Chevy Chase Trust Holdings LLC increased its position in iShares S&P 500 Value ETF by 27.3% during the third quarter. Chevy Chase Trust Holdings LLC now owns 7,720 shares of the company’s stock worth $1,522,000 after buying an additional 1,657 shares in the last quarter. Hilltop Holdings Inc. raised its stake in iShares S&P 500 Value ETF by 3.0% in the 3rd quarter. Hilltop Holdings Inc. now owns 8,026 shares of the company’s stock valued at $1,582,000 after purchasing an additional 230 shares during the last quarter. HighTower Advisors LLC lifted its stake in shares of iShares S&P 500 Value ETF by 1.8% during the third quarter. HighTower Advisors LLC now owns 528,505 shares of the company’s stock valued at $104,237,000 after buying an additional 9,548 shares during the period. Finally, Resurgent Financial Advisors LLC lifted its position in iShares S&P 500 Value ETF by 2.7% during the third quarter. Resurgent Financial Advisors LLC now owns 4,808 shares of the company’s stock worth $948,000 after buying an additional 128 shares during the period.

iShares S&P 500 Value ETF Stock Up 0.5 %

Shares of IVE opened at $191.29 on Thursday. iShares S&P 500 Value ETF has a fifty-two week low of $176.09 and a fifty-two week high of $206.63. The firm has a market cap of $37.24 billion, a PE ratio of 21.80 and a beta of 0.94. The company’s fifty day moving average is $193.90 and its two-hundred day moving average is $195.92.

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.