Foundations Investment Advisors LLC Purchases 70,627 Shares of iShares S&P 500 Value ETF $IVE

Foundations Investment Advisors LLC increased its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 10.8% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 724,597 shares of the company’s stock after purchasing an additional 70,627 shares during the period. iShares S&P 500 Value ETF makes up approximately 2.2% of Foundations Investment Advisors LLC’s portfolio, making the stock its 6th largest position. Foundations Investment Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $149,637,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the business. Cloud Capital Management LLC purchased a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter worth approximately $45,000. GPS Wealth Strategies Group LLC grew its holdings in iShares S&P 500 Value ETF by 16.9% during the third quarter. GPS Wealth Strategies Group LLC now owns 929 shares of the company’s stock worth $192,000 after acquiring an additional 134 shares during the period. Tidemark LLC raised its position in iShares S&P 500 Value ETF by 6.1% in the third quarter. Tidemark LLC now owns 76,330 shares of the company’s stock worth $15,763,000 after acquiring an additional 4,407 shares in the last quarter. AE Wealth Management LLC lifted its holdings in iShares S&P 500 Value ETF by 9.8% in the third quarter. AE Wealth Management LLC now owns 276,587 shares of the company’s stock valued at $57,118,000 after acquiring an additional 24,725 shares during the period. Finally, Absolute Capital Management LLC boosted its position in shares of iShares S&P 500 Value ETF by 24.3% during the 3rd quarter. Absolute Capital Management LLC now owns 8,926 shares of the company’s stock worth $1,843,000 after purchasing an additional 1,744 shares in the last quarter.

iShares S&P 500 Value ETF Trading Down 0.2%

Shares of IVE opened at $216.35 on Thursday. The firm’s 50-day moving average is $213.43 and its two-hundred day moving average is $207.24. iShares S&P 500 Value ETF has a twelve month low of $165.45 and a twelve month high of $218.44. The firm has a market capitalization of $48.91 billion, a P/E ratio of 20.70 and a beta of 0.89.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.