Encompass Wealth Advisors LLC Increases Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Encompass Wealth Advisors LLC increased its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 156,214 shares of the company’s stock after purchasing an additional 5,915 shares during the quarter. iShares S&P 500 Value ETF makes up about 12.0% of Encompass Wealth Advisors LLC’s portfolio, making the stock its 2nd largest holding. Encompass Wealth Advisors LLC owned about 0.09% of iShares S&P 500 Value ETF worth $29,818,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also added to or reduced their stakes in IVE. Thurston Springer Miller Herd & Titak Inc. increased its position in iShares S&P 500 Value ETF by 100.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after acquiring an additional 76 shares during the period. Northwest Investment Counselors LLC bought a new stake in shares of iShares S&P 500 Value ETF in the third quarter worth $31,000. Valued Wealth Advisors LLC bought a new stake in shares of iShares S&P 500 Value ETF in the third quarter worth $35,000. Perkins Coie Trust Co bought a new position in iShares S&P 500 Value ETF during the 4th quarter worth $35,000. Finally, Copley Financial Group Inc. acquired a new position in shares of iShares S&P 500 Value ETF in the third quarter worth approximately $36,000.

iShares S&P 500 Value ETF Stock Down 0.1 %

Shares of NYSEARCA IVE opened at $196.25 on Friday. The company has a market capitalization of $35.16 billion, a PE ratio of 23.79 and a beta of 0.81. The firm has a fifty day simple moving average of $195.43 and a 200 day simple moving average of $195.09. iShares S&P 500 Value ETF has a twelve month low of $173.01 and a twelve month high of $206.63.

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.