MONECO Advisors LLC Purchases 300 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

MONECO Advisors LLC grew its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 18.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,915 shares of the company’s stock after buying an additional 300 shares during the quarter. MONECO Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $333,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in IVE. Wells Fargo & Company MN grew its stake in shares of iShares S&P 500 Value ETF by 0.3% in the fourth quarter. Wells Fargo & Company MN now owns 7,565,945 shares of the company’s stock worth $1,315,642,000 after acquiring an additional 25,641 shares during the period. Envestnet Asset Management Inc. grew its position in iShares S&P 500 Value ETF by 8.9% in the 4th quarter. Envestnet Asset Management Inc. now owns 4,314,163 shares of the company’s stock worth $750,190,000 after purchasing an additional 351,478 shares during the period. UBS Group AG raised its stake in iShares S&P 500 Value ETF by 0.4% during the 4th quarter. UBS Group AG now owns 3,558,382 shares of the company’s stock valued at $618,767,000 after buying an additional 14,425 shares during the last quarter. Stifel Financial Corp lifted its holdings in shares of iShares S&P 500 Value ETF by 1.2% during the 4th quarter. Stifel Financial Corp now owns 2,195,335 shares of the company’s stock valued at $381,746,000 after buying an additional 25,246 shares during the period. Finally, LPL Financial LLC boosted its stake in shares of iShares S&P 500 Value ETF by 1.3% in the 3rd quarter. LPL Financial LLC now owns 1,940,992 shares of the company’s stock worth $298,602,000 after buying an additional 23,973 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE traded up $0.85 during trading hours on Monday, hitting $181.35. The stock had a trading volume of 403,302 shares, compared to its average volume of 815,462. The firm has a market capitalization of $32.49 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 12 month low of $147.23 and a 12 month high of $187.24. The stock has a fifty day moving average price of $181.93 and a 200 day moving average price of $178.30.

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.