CoreCap Advisors LLC Buys 2,825 Shares of iShares S&P 500 Value ETF $IVE

CoreCap Advisors LLC lifted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.7% in the third quarter, HoldingsChannel reports. The firm owned 107,532 shares of the company’s stock after acquiring an additional 2,825 shares during the quarter. iShares S&P 500 Value ETF makes up about 0.7% of CoreCap Advisors LLC’s investment portfolio, making the stock its 18th biggest position. CoreCap Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $24,548,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Rockwood Wealth Management LLC increased its holdings in iShares S&P 500 Value ETF by 2.7% during the 1st quarter. Rockwood Wealth Management LLC now owns 1,785 shares of the company’s stock worth $377,000 after purchasing an additional 47 shares during the period. Wealthgarden F.S. LLC grew its position in shares of iShares S&P 500 Value ETF by 0.9% during the first quarter. Wealthgarden F.S. LLC now owns 5,988 shares of the company’s stock worth $1,264,000 after buying an additional 53 shares in the last quarter. BTC Capital Management Inc. grew its position in shares of iShares S&P 500 Value ETF by 0.3% during the first quarter. BTC Capital Management Inc. now owns 19,094 shares of the company’s stock worth $4,032,000 after buying an additional 57 shares in the last quarter. Evergreen Private Wealth LLC increased its stake in shares of iShares S&P 500 Value ETF by 1.8% during the first quarter. Evergreen Private Wealth LLC now owns 3,224 shares of the company’s stock worth $681,000 after buying an additional 57 shares during the period. Finally, Rice Partnership LLC increased its stake in shares of iShares S&P 500 Value ETF by 17.3% during the first quarter. Rice Partnership LLC now owns 440 shares of the company’s stock worth $93,000 after buying an additional 65 shares during the period.

iShares S&P 500 Value ETF Trading Up 0.6%

NYSEARCA:IVE traded up $1.40 during mid-day trading on Thursday, hitting $232.18. The stock had a trading volume of 712,283 shares, compared to its average volume of 945,087. iShares S&P 500 Value ETF has a twelve month low of $202.45 and a twelve month high of $239.93. The stock has a 50-day simple moving average of $234.41 and a two-hundred day simple moving average of $227.54. The company has a market capitalization of $49.15 billion, a PE ratio of 20.70 and a beta of 0.83.

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. 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.