Advyzon Investment Management LLC Takes $218,000 Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Advyzon Investment Management LLC acquired a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 1,143 shares of the company’s stock, valued at approximately $218,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. LexAurum Advisors LLC boosted its position in shares of iShares S&P 500 Value ETF by 47.2% in the fourth quarter. LexAurum Advisors LLC now owns 3,846 shares of the company’s stock worth $734,000 after buying an additional 1,233 shares during the period. Financial Synergies Wealth Advisors Inc. boosted its position in iShares S&P 500 Value ETF by 0.6% during the fourth quarter. Financial Synergies Wealth Advisors Inc. now owns 28,709 shares of the company’s stock valued at $5,480,000 after purchasing an additional 160 shares during the last quarter. DAVENPORT & Co LLC grew its stake in iShares S&P 500 Value ETF by 10.9% in the fourth quarter. DAVENPORT & Co LLC now owns 3,783 shares of the company’s stock valued at $722,000 after purchasing an additional 372 shares in the last quarter. Equitable Trust Co. acquired a new position in iShares S&P 500 Value ETF in the 4th quarter worth about $5,806,000. Finally, EP Wealth Advisors LLC increased its position in iShares S&P 500 Value ETF by 3.6% in the 3rd quarter. EP Wealth Advisors LLC now owns 40,055 shares of the company’s stock worth $7,898,000 after purchasing an additional 1,387 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA IVE opened at $198.47 on Friday. The business has a 50 day simple moving average of $194.17 and a 200 day simple moving average of $195.65. iShares S&P 500 Value ETF has a 52 week low of $176.09 and a 52 week high of $206.63. The stock has a market cap of $36.20 billion, a price-to-earnings ratio of 22.47 and a beta of 0.95.

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.