Laurel Wealth Advisors LLC Buys 2,151 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Laurel Wealth Advisors LLC grew its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 51.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 6,307 shares of the company’s stock after buying an additional 2,151 shares during the quarter. Laurel Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $1,204,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Chesapeake Wealth Management raised its position in iShares S&P 500 Value ETF by 3.8% during the 3rd quarter. Chesapeake Wealth Management now owns 1,382 shares of the company’s stock valued at $272,000 after purchasing an additional 50 shares during the last quarter. GDS Wealth Management raised its holdings in shares of iShares S&P 500 Value ETF by 3.3% during the third quarter. GDS Wealth Management now owns 1,765 shares of the company’s stock valued at $348,000 after acquiring an additional 56 shares in the last quarter. Whitcomb & Hess Inc. lifted its stake in iShares S&P 500 Value ETF by 1.0% in the third quarter. Whitcomb & Hess Inc. now owns 6,023 shares of the company’s stock worth $1,188,000 after acquiring an additional 58 shares during the period. Axiom Advisory LLC boosted its holdings in iShares S&P 500 Value ETF by 1.8% in the third quarter. Axiom Advisory LLC now owns 3,392 shares of the company’s stock valued at $646,000 after acquiring an additional 61 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 worth $2,005,000 after purchasing an additional 63 shares in the last quarter.

iShares S&P 500 Value ETF Trading Up 0.5 %

NYSEARCA:IVE opened at $190.30 on Wednesday. iShares S&P 500 Value ETF has a 12 month low of $170.13 and a 12 month high of $206.63. The company has a 50-day moving average price of $197.41 and a 200-day moving average price of $193.90. The stock has a market cap of $34.09 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.