Money Concepts Capital Corp Takes Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Money Concepts Capital Corp purchased a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 12,417 shares of the company’s stock, valued at approximately $2,370,000.

Several other institutional investors have also recently added to or reduced their stakes in IVE. Alpha Financial Partners LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the third quarter worth approximately $7,385,000. Fulton Bank N.A. purchased a new position in iShares S&P 500 Value ETF during the 3rd quarter worth $216,000. Mather Group LLC. raised its position in iShares S&P 500 Value ETF by 31.6% during the 3rd quarter. Mather Group LLC. now owns 8,326 shares of the company’s stock worth $1,642,000 after buying an additional 1,998 shares during the last quarter. Axiom Advisory LLC lifted its stake in shares of iShares S&P 500 Value ETF by 1.8% in the 3rd quarter. Axiom Advisory LLC now owns 3,392 shares of the company’s stock worth $646,000 after acquiring an additional 61 shares during the period. Finally, Stordahl Capital Management Inc. boosted its holdings in shares of iShares S&P 500 Value ETF by 9.0% in the third quarter. Stordahl Capital Management Inc. now owns 20,078 shares of the company’s stock valued at $3,949,000 after acquiring an additional 1,663 shares in the last quarter.

iShares S&P 500 Value ETF Stock Up 0.4 %

NYSEARCA IVE opened at $196.47 on Thursday. The stock has a market capitalization of $35.20 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 52-week low of $173.01 and a 52-week high of $206.63. The firm has a 50-day moving average price of $195.61 and a 200 day moving average price of $195.08.

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.