Gladstone Institutional Advisory LLC Buys 6,560 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Gladstone Institutional Advisory LLC grew its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 100,778 shares of the company’s stock after acquiring an additional 6,560 shares during the period. iShares S&P 500 Value ETF accounts for 1.0% of Gladstone Institutional Advisory LLC’s holdings, making the stock its 18th biggest holding. Gladstone Institutional Advisory LLC owned about 0.06% of iShares S&P 500 Value ETF worth $19,870,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. CGN Advisors LLC increased its holdings in iShares S&P 500 Value ETF by 3.0% during the 2nd quarter. CGN Advisors LLC now owns 1,860 shares of the company’s stock worth $339,000 after purchasing an additional 55 shares during the period. Capital Square LLC raised its holdings in shares of iShares S&P 500 Value ETF by 1.3% in the 2nd quarter. Capital Square LLC now owns 4,339 shares of the company’s stock valued at $816,000 after purchasing an additional 55 shares in the last quarter. HighMark Wealth Management LLC raised its stake in iShares S&P 500 Value ETF by 0.7% in the second quarter. HighMark Wealth Management LLC now owns 8,208 shares of the company’s stock worth $1,494,000 after buying an additional 56 shares in the last quarter. Jaffetilchin Investment Partners LLC lifted its holdings in iShares S&P 500 Value ETF by 0.8% during the second quarter. Jaffetilchin Investment Partners LLC now owns 7,025 shares of the company’s stock worth $1,279,000 after buying an additional 57 shares during the period. Finally, WR Wealth Planners LLC increased its holdings in shares of iShares S&P 500 Value ETF by 1.5% in the 2nd quarter. WR Wealth Planners LLC now owns 3,846 shares of the company’s stock valued at $700,000 after acquiring an additional 57 shares during the period.

iShares S&P 500 Value ETF Stock Performance

IVE stock traded up $1.41 during trading on Friday, reaching $196.05. 133,688 shares of the company traded hands, compared to its average volume of 678,839. The company has a market capitalization of $35.12 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The business has a 50 day simple moving average of $196.02 and a 200 day simple moving average of $188.11. iShares S&P 500 Value ETF has a 12 month low of $153.65 and a 12 month high of $201.08.

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.