Sage Financial Group Inc. Takes Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Sage Financial Group Inc. acquired a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,248 shares of the company’s stock, valued at approximately $217,000.

A number of other institutional investors also recently added to or reduced their stakes in IVE. Moneta Group Investment Advisors LLC lifted its stake in iShares S&P 500 Value ETF by 106,784.6% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 135,983,973 shares of the company’s stock worth $19,727,195,000 after acquiring an additional 135,856,748 shares during the last quarter. Lido Advisors LLC lifted its position in shares of iShares S&P 500 Value ETF by 128.8% during the 1st quarter. Lido Advisors LLC now owns 1,178,301 shares of the company’s stock worth $183,485,000 after buying an additional 663,252 shares during the last quarter. Charles Schwab Investment Management Inc. purchased a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter worth approximately $93,051,000. Comerica Bank purchased a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter worth approximately $62,554,000. Finally, Corient Private Wealth LLC lifted its position in shares of iShares S&P 500 Value ETF by 1,513.6% during the 3rd quarter. Corient Private Wealth LLC now owns 379,169 shares of the company’s stock worth $58,331,000 after buying an additional 355,670 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA:IVE traded up $0.59 during trading on Thursday, hitting $186.70. 332,754 shares of the company were exchanged, compared to its average volume of 1,060,897. The stock has a market capitalization of $29.52 billion, a P/E ratio of 15.85 and a beta of 0.94. iShares S&P 500 Value ETF has a 12-month low of $147.23 and a 12-month high of $186.84. The firm’s 50 day moving average price is $178.19 and its 200-day moving average price is $167.83.

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.