iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Bought by Gradient Capital Advisors LLC

Gradient Capital Advisors LLC raised its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.5% in the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,759 shares of the company’s stock after buying an additional 66 shares during the quarter. Gradient Capital Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $515,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Vima LLC purchased a new stake in iShares S&P 500 Value ETF during the 4th quarter worth approximately $27,000. Northwest Investment Counselors LLC acquired a new stake in iShares S&P 500 Value ETF during the 1st quarter valued at approximately $29,000. First Pacific Financial acquired a new stake in iShares S&P 500 Value ETF during the 4th quarter valued at approximately $30,000. Sound Income Strategies LLC acquired a new stake in iShares S&P 500 Value ETF during the 4th quarter valued at approximately $35,000. Finally, Wetzel Investment Advisors Inc. acquired a new stake in iShares S&P 500 Value ETF during the 4th quarter valued at approximately $35,000.

iShares S&P 500 Value ETF Trading Up 0.1 %

NYSEARCA IVE traded up $0.18 on Friday, hitting $182.01. 426,125 shares of the company’s stock traded hands, compared to its average volume of 800,868. iShares S&P 500 Value ETF has a 1-year low of $147.23 and a 1-year high of $187.24. The firm’s 50-day moving average price is $182.48 and its two-hundred day moving average price is $179.31. The firm has a market capitalization of $32.61 billion, a PE ratio of 23.79 and a beta of 0.81.

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.