Farther Finance Advisors LLC Has $15.85 Million Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Farther Finance Advisors LLC grew its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 20.1% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 80,381 shares of the company’s stock after purchasing an additional 13,432 shares during the quarter. iShares S&P 500 Value ETF comprises about 0.6% of Farther Finance Advisors LLC’s portfolio, making the stock its 26th biggest holding. Farther Finance Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $15,849,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. CGN Advisors LLC grew its stake in iShares S&P 500 Value ETF by 3.0% during the second 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 boosted its position in shares of iShares S&P 500 Value ETF by 1.3% during the 2nd quarter. Capital Square LLC now owns 4,339 shares of the company’s stock worth $816,000 after acquiring an additional 55 shares in the last quarter. HighMark Wealth Management LLC boosted its position in shares of 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 stake in iShares S&P 500 Value ETF by 0.8% in the second quarter. Jaffetilchin Investment Partners LLC now owns 7,025 shares of the company’s stock valued at $1,279,000 after acquiring an additional 57 shares during the last quarter. Finally, WR Wealth Planners LLC raised its position in iShares S&P 500 Value ETF by 1.5% during the second 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 stock opened at $194.77 on Friday. iShares S&P 500 Value ETF has a fifty-two week low of $153.65 and a fifty-two week high of $201.08. The stock’s fifty day moving average price is $196.05 and its two-hundred day moving average price is $188.23. The company has a market cap of $34.89 billion, a PE ratio of 23.79 and a beta of 0.81.

iShares S&P 500 Value ETF 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.