Ellis Investment Partners LLC Raises Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Ellis Investment Partners LLC boosted its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,647 shares of the company’s stock after buying an additional 64 shares during the period. Ellis Investment Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $2,987,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in IVE. Alpha Financial Partners LLC purchased a new position in iShares S&P 500 Value ETF in the 3rd quarter valued at $7,385,000. Good Life Advisors LLC lifted its stake in shares of iShares S&P 500 Value ETF by 103.7% in the third quarter. Good Life Advisors LLC now owns 2,940 shares of the company’s stock worth $580,000 after buying an additional 1,497 shares in the last quarter. Stratos Wealth Partners LTD. boosted its position in iShares S&P 500 Value ETF by 5.4% during the third quarter. Stratos Wealth Partners LTD. now owns 118,541 shares of the company’s stock worth $23,373,000 after acquiring an additional 6,059 shares during the last quarter. Stratos Wealth Advisors LLC grew its stake in iShares S&P 500 Value ETF by 7.4% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 38,559 shares of the company’s stock valued at $7,603,000 after acquiring an additional 2,643 shares in the last quarter. Finally, Kohmann Bosshard Financial Services LLC raised its holdings in iShares S&P 500 Value ETF by 0.6% in the 3rd quarter. Kohmann Bosshard Financial Services LLC now owns 10,171 shares of the company’s stock valued at $2,005,000 after acquiring an additional 63 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of iShares S&P 500 Value ETF stock opened at $196.62 on Friday. iShares S&P 500 Value ETF has a 1-year low of $175.71 and a 1-year high of $206.63. The stock has a market cap of $35.22 billion, a P/E ratio of 23.79 and a beta of 0.81. The stock’s 50 day simple moving average is $194.31 and its 200-day simple moving average is $195.46.

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.