iShares S&P 500 Value ETF $IVE Stock Purchased by Parallel Advisors LLC

Parallel Advisors LLC raised its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 67,222 shares of the company’s stock after buying an additional 3,099 shares during the period. Parallel Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $15,346,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of IVE. RMG Wealth Management LLC bought a new stake in iShares S&P 500 Value ETF during the 1st quarter worth approximately $27,000. Curry Webb Wealth Management LLC bought a new position in iShares S&P 500 Value ETF in the 3rd quarter valued at $28,000. Next Level Wealth Planning LLC acquired a new position in iShares S&P 500 Value ETF in the third quarter worth $34,000. First Bancorp Inc ME acquired a new position in iShares S&P 500 Value ETF in the second quarter worth $45,000. Finally, William Mack & Associates Inc. acquired a new position in iShares S&P 500 Value ETF in the third quarter worth $53,000.

iShares S&P 500 Value ETF Price Performance

Shares of IVE stock traded down $0.95 during trading hours on Friday, hitting $235.53. 895,428 shares of the company’s stock were exchanged, compared to its average volume of 935,028. The stock’s 50-day moving average is $234.86 and its 200-day moving average is $226.68. The stock has a market cap of $50.06 billion, a price-to-earnings ratio of 22.47 and a beta of 0.82. iShares S&P 500 Value ETF has a 52 week low of $203.15 and a 52 week high of $244.72.

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.