Foster Victor Wealth Advisors LLC Purchases 11,274 Shares of iShares S&P 500 Value ETF $IVE

Foster Victor Wealth Advisors LLC increased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 18.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 73,255 shares of the company’s stock after purchasing an additional 11,274 shares during the period. Foster Victor Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $17,227,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IVE. RMG Wealth Management LLC purchased a new stake in iShares S&P 500 Value ETF in the 1st quarter worth approximately $27,000. Indiana Trust & Investment Management Co increased its holdings in iShares S&P 500 Value ETF by 107.6% in the first quarter. Indiana Trust & Investment Management Co now owns 191 shares of the company’s stock valued at $40,000 after buying an additional 99 shares in the last quarter. First Bancorp Inc ME purchased a new position in shares of iShares S&P 500 Value ETF in the 2nd quarter valued at about $45,000. Pension & Wealth Management Advisors Inc. raised its holdings in iShares S&P 500 Value ETF by 41.8% in the 3rd quarter. Pension & Wealth Management Advisors Inc. now owns 251 shares of the company’s stock worth $57,000 after purchasing an additional 74 shares during the period. Finally, First Pacific Financial purchased a new position in iShares S&P 500 Value ETF during the first quarter worth approximately $64,000.

iShares S&P 500 Value ETF Stock Performance

iShares S&P 500 Value ETF stock opened at $238.05 on Thursday. The stock has a market capitalization of $50.37 billion, a P/E ratio of 20.70 and a beta of 0.83. The company’s fifty day moving average price is $234.43 and its 200 day moving average price is $229.30. iShares S&P 500 Value ETF has a 1 year low of $203.15 and a 1 year high of $239.93.

iShares S&P 500 Value ETF Company 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.