Investment Advisory Group LLC Grows Stock Position in iShares S&P 500 Value ETF $IVE

Investment Advisory Group LLC lifted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.7% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 18,057 shares of the company’s stock after buying an additional 126 shares during the period. iShares S&P 500 Value ETF makes up approximately 1.1% of Investment Advisory Group LLC’s portfolio, making the stock its 22nd biggest holding. Investment Advisory Group LLC’s holdings in iShares S&P 500 Value ETF were worth $3,529,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently modified their holdings of the company. Cloud Capital Management LLC purchased a new position in shares of iShares S&P 500 Value ETF in the first quarter worth about $27,000. Mowery & Schoenfeld Wealth Management LLC bought a new position in iShares S&P 500 Value ETF during the 1st quarter valued at approximately $29,000. Nemes Rush Group LLC lifted its holdings in iShares S&P 500 Value ETF by 625.0% in the 1st quarter. Nemes Rush Group LLC now owns 174 shares of the company’s stock worth $33,000 after buying an additional 150 shares during the period. Flaharty Asset Management LLC bought a new stake in shares of iShares S&P 500 Value ETF in the 1st quarter worth approximately $33,000. Finally, IMG Wealth Management Inc. purchased a new position in shares of iShares S&P 500 Value ETF during the first quarter valued at approximately $34,000.

iShares S&P 500 Value ETF Stock Down 2.2%

Shares of iShares S&P 500 Value ETF stock opened at $202.52 on Friday. The company has a market cap of $40.93 billion, a PE ratio of 20.70 and a beta of 0.94. The business has a 50 day moving average of $203.21 and a 200 day moving average of $194.00. iShares S&P 500 Value ETF has a 52 week low of $165.45 and a 52 week high of $209.12.

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.