Axxcess Wealth Management LLC Purchases 2,762 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Axxcess Wealth Management LLC raised its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 43.8% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,063 shares of the company’s stock after purchasing an additional 2,762 shares during the period. Axxcess Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $1,693,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. EP Wealth Advisors LLC raised its position in shares of iShares S&P 500 Value ETF by 0.9% in the 1st quarter. EP Wealth Advisors LLC now owns 40,438 shares of the company’s stock worth $7,554,000 after acquiring an additional 358 shares in the last quarter. CreativeOne Wealth LLC bought a new position in shares of iShares S&P 500 Value ETF in the 1st quarter worth $20,959,000. Sax Wealth Advisors LLC raised its position in shares of iShares S&P 500 Value ETF by 0.8% in the 1st quarter. Sax Wealth Advisors LLC now owns 19,305 shares of the company’s stock worth $3,606,000 after acquiring an additional 162 shares in the last quarter. Mattern Wealth Management LLC raised its position in shares of iShares S&P 500 Value ETF by 1.0% in the 1st quarter. Mattern Wealth Management LLC now owns 11,131 shares of the company’s stock worth $2,079,000 after acquiring an additional 110 shares in the last quarter. Finally, Tiemann Investment Advisors LLC raised its position in shares of iShares S&P 500 Value ETF by 7.1% in the 1st quarter. Tiemann Investment Advisors LLC now owns 7,782 shares of the company’s stock worth $1,454,000 after acquiring an additional 517 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

IVE stock traded up $2.36 on Friday, hitting $189.39. 457,858 shares of the company’s stock were exchanged, compared to its average volume of 776,381. iShares S&P 500 Value ETF has a 12-month low of $147.23 and a 12-month high of $191.38. The firm has a 50 day moving average price of $183.76 and a two-hundred day moving average price of $180.94. The stock has a market cap of $33.93 billion, a P/E ratio of 23.79 and a beta of 0.81.

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.