United Asset Strategies Inc. Increases Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

United Asset Strategies Inc. grew its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 39,758 shares of the company’s stock after acquiring an additional 187 shares during the period. United Asset Strategies Inc.’s holdings in iShares S&P 500 Value ETF were worth $7,839,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. CGN Advisors LLC lifted its stake in iShares S&P 500 Value ETF by 3.0% in the 2nd quarter. CGN Advisors LLC now owns 1,860 shares of the company’s stock valued at $339,000 after buying an additional 55 shares in the last quarter. Capital Square LLC increased its position in 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 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 2nd quarter. HighMark Wealth Management LLC now owns 8,208 shares of the company’s stock valued at $1,494,000 after purchasing an additional 56 shares during the last quarter. Jaffetilchin Investment Partners LLC grew its holdings in shares of 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 in the last quarter. Finally, WR Wealth Planners LLC raised its position in shares of iShares S&P 500 Value ETF by 1.5% in the second quarter. WR Wealth Planners LLC now owns 3,846 shares of the company’s stock valued at $700,000 after buying an additional 57 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

iShares S&P 500 Value ETF stock traded down $0.66 during trading on Thursday, hitting $195.23. The company’s stock had a trading volume of 142,950 shares, compared to its average volume of 679,387. The stock’s fifty day moving average is $195.96 and its 200 day moving average is $188.06. iShares S&P 500 Value ETF has a 1-year low of $149.61 and a 1-year high of $201.08. The stock has a market capitalization of $34.98 billion, a price-to-earnings 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.