Focus Partners Advisor Solutions LLC Increases Holdings in iShares S&P 500 Value ETF $IVE

Focus Partners Advisor Solutions LLC increased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 26.0% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 19,317 shares of the company’s stock after acquiring an additional 3,989 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in iShares S&P 500 Value ETF were worth $4,036,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in IVE. FLP Wealth Management LLC boosted its stake in iShares S&P 500 Value ETF by 628.5% during the 3rd quarter. FLP Wealth Management LLC now owns 16,727 shares of the company’s stock worth $3,454,000 after purchasing an additional 14,431 shares during the last quarter. Great Point Wealth Advisors LLC purchased a new position in shares of iShares S&P 500 Value ETF in the third quarter worth about $2,478,000. Detalus Advisors LLC lifted its stake in shares of iShares S&P 500 Value ETF by 3.6% in the third quarter. Detalus Advisors LLC now owns 84,033 shares of the company’s stock worth $17,354,000 after buying an additional 2,909 shares in the last quarter. Curbstone Financial Management Corp acquired a new position in iShares S&P 500 Value ETF during the third quarter worth about $564,000. Finally, BIP Wealth LLC grew its stake in iShares S&P 500 Value ETF by 185.4% during the 3rd quarter. BIP Wealth LLC now owns 6,001 shares of the company’s stock valued at $1,239,000 after acquiring an additional 3,898 shares in the last quarter.

iShares S&P 500 Value ETF Trading Down 0.8%

IVE stock opened at $219.98 on Wednesday. The company has a market cap of $49.69 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a 12 month low of $165.45 and a 12 month high of $223.05. The firm has a 50-day moving average of $217.86 and a two-hundred day moving average of $211.01.

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.