iShares S&P 500 Value ETF (NYSEARCA:IVE) is Encompass Wealth Advisors LLC’s 2nd Largest Position

Encompass Wealth Advisors LLC grew its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.3% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 150,299 shares of the company’s stock after acquiring an additional 463 shares during the quarter. iShares S&P 500 Value ETF comprises 7.4% of Encompass Wealth Advisors LLC’s investment portfolio, making the stock its 2nd biggest holding. Encompass Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $29,635,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. SageView Advisory Group LLC raised its holdings in iShares S&P 500 Value ETF by 5.5% during the first quarter. SageView Advisory Group LLC now owns 7,033 shares of the company’s stock worth $1,372,000 after purchasing an additional 365 shares in the last quarter. Kingsview Wealth Management LLC boosted its stake in iShares S&P 500 Value ETF by 32.3% in the first quarter. Kingsview Wealth Management LLC now owns 3,219 shares of the company’s stock valued at $601,000 after acquiring an additional 786 shares in the last quarter. HBK Sorce Advisory LLC grew its holdings in shares of iShares S&P 500 Value ETF by 1.1% during the first quarter. HBK Sorce Advisory LLC now owns 7,772 shares of the company’s stock worth $1,452,000 after purchasing an additional 83 shares during the last quarter. Orion Portfolio Solutions LLC increased its position in shares of iShares S&P 500 Value ETF by 934.3% during the first quarter. Orion Portfolio Solutions LLC now owns 55,147 shares of the company’s stock worth $10,302,000 after purchasing an additional 49,815 shares in the last quarter. Finally, Brighton Jones LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 3.1% in the 1st quarter. Brighton Jones LLC now owns 13,693 shares of the company’s stock valued at $2,558,000 after purchasing an additional 410 shares during the last quarter.

iShares S&P 500 Value ETF Stock Down 0.8 %

Shares of NYSEARCA IVE opened at $201.04 on Wednesday. The stock has a market cap of $36.02 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 52-week low of $157.33 and a 52-week high of $203.67. The business has a 50-day moving average price of $196.62 and a 200 day moving average price of $189.23.

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.