Concorde Asset Management LLC Purchases 866 Shares of iShares S&P 500 Value ETF $IVE

Concorde Asset Management LLC raised its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 8.7% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 10,854 shares of the company’s stock after purchasing an additional 866 shares during the quarter. iShares S&P 500 Value ETF accounts for approximately 1.1% of Concorde Asset Management LLC’s holdings, making the stock its 11th biggest position. Concorde Asset Management LLC’s holdings in iShares S&P 500 Value ETF were worth $1,968,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Pinney & Scofield Inc. bought a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter valued at about $26,000. Cloud Capital Management LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter valued at about $27,000. Mowery & Schoenfeld Wealth Management LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter valued at about $29,000. Nemes Rush Group LLC grew its stake in shares of iShares S&P 500 Value ETF by 625.0% during the 1st quarter. Nemes Rush Group LLC now owns 174 shares of the company’s stock valued at $33,000 after purchasing an additional 150 shares during the period. Finally, IMG Wealth Management Inc. bought a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter valued at about $34,000.

iShares S&P 500 Value ETF Trading Down 0.0%

Shares of NYSEARCA:IVE opened at $202.60 on Thursday. The stock has a 50 day moving average of $199.23 and a 200 day moving average of $191.76. The company has a market cap of $40.67 billion, a PE ratio of 20.70 and a beta of 0.94. iShares S&P 500 Value ETF has a 12-month low of $165.45 and a 12-month high of $206.63.

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.