Bestgate Wealth Advisors LLC Purchases New Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Bestgate Wealth Advisors LLC purchased a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 1,158 shares of the company’s stock, valued at approximately $221,000.

Several other institutional investors have also made changes to their positions in IVE. Natixis Advisors LLC boosted its stake in shares of iShares S&P 500 Value ETF by 5.2% in the third quarter. Natixis Advisors LLC now owns 30,156 shares of the company’s stock valued at $5,946,000 after buying an additional 1,484 shares during the period. Thrivent Financial for Lutherans raised its position in iShares S&P 500 Value ETF by 21.3% during the third quarter. Thrivent Financial for Lutherans now owns 234,487 shares of the company’s stock valued at $46,241,000 after purchasing an additional 41,123 shares in the last quarter. Aviance Capital Partners LLC acquired a new position in iShares S&P 500 Value ETF during the third quarter valued at approximately $215,000. Amara Financial LLC. acquired a new position in iShares S&P 500 Value ETF during the third quarter valued at approximately $574,000. Finally, Pathstone Holdings LLC raised its position in iShares S&P 500 Value ETF by 0.8% during the third quarter. Pathstone Holdings LLC now owns 118,812 shares of the company’s stock valued at $23,426,000 after purchasing an additional 926 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE opened at $189.43 on Wednesday. iShares S&P 500 Value ETF has a one year low of $176.09 and a one year high of $206.63. The company has a market cap of $36.80 billion, a P/E ratio of 22.06 and a beta of 0.94. The firm has a 50 day simple moving average of $194.23 and a two-hundred day simple moving average of $196.14.

iShares S&P 500 Value ETF 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.