Occidental Asset Management LLC Boosts Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Occidental Asset Management LLC raised its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 67,897 shares of the company’s stock after buying an additional 215 shares during the period. iShares S&P 500 Value ETF comprises 2.2% of Occidental Asset Management LLC’s holdings, making the stock its 11th biggest holding. Occidental Asset Management LLC’s holdings in iShares S&P 500 Value ETF were worth $13,387,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the stock. CGN Advisors LLC grew its position in shares of 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 buying an additional 55 shares in the last quarter. Capital Square LLC lifted its stake in iShares S&P 500 Value ETF by 1.3% in the second quarter. Capital Square LLC now owns 4,339 shares of the company’s stock worth $816,000 after acquiring an additional 55 shares during the period. HighMark Wealth Management LLC grew its holdings in iShares S&P 500 Value ETF by 0.7% during the 2nd quarter. HighMark Wealth Management LLC now owns 8,208 shares of the company’s stock worth $1,494,000 after acquiring an additional 56 shares in the last quarter. Jaffetilchin Investment Partners LLC increased its position in iShares S&P 500 Value ETF by 0.8% during the 2nd quarter. Jaffetilchin Investment Partners LLC now owns 7,025 shares of the company’s stock valued at $1,279,000 after purchasing an additional 57 shares during the period. Finally, WR Wealth Planners LLC raised 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 purchasing an additional 57 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE opened at $199.79 on Tuesday. The company has a 50 day moving average price of $193.37 and a 200-day moving average price of $186.82. iShares S&P 500 Value ETF has a fifty-two week low of $147.23 and a fifty-two week high of $199.93. The stock has a market capitalization of $35.79 billion, a PE ratio of 23.79 and a beta of 0.81.

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.