Beacon Financial Advisory LLC Raises Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Beacon Financial Advisory LLC boosted its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 13.1% in the fourth quarter, HoldingsChannel reports. The firm owned 3,686 shares of the company’s stock after buying an additional 428 shares during the period. Beacon Financial Advisory LLC’s holdings in iShares S&P 500 Value ETF were worth $704,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in IVE. Alpha Financial Partners LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter worth approximately $7,385,000. Fulton Bank N.A. acquired a new stake in iShares S&P 500 Value ETF during the third quarter valued at $216,000. Mather Group LLC. increased its holdings in iShares S&P 500 Value ETF by 31.6% in the third quarter. Mather Group LLC. now owns 8,326 shares of the company’s stock valued at $1,642,000 after buying an additional 1,998 shares in the last quarter. Axiom Advisory LLC raised its position in shares of 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 worth $646,000 after acquiring an additional 61 shares during the period. Finally, Stordahl Capital Management Inc. boosted its stake in shares of iShares S&P 500 Value ETF by 9.0% during the 3rd quarter. Stordahl Capital Management Inc. now owns 20,078 shares of the company’s stock worth $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 PE 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 stock’s 50-day moving average price is $195.61 and its 200-day moving average price is $195.08.

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.