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

EverSource Wealth Advisors LLC raised its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,305 shares of the company’s stock after purchasing an additional 104 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $631,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. LexAurum Advisors LLC raised its position in iShares S&P 500 Value ETF by 47.2% in the fourth quarter. LexAurum Advisors LLC now owns 3,846 shares of the company’s stock valued at $734,000 after purchasing an additional 1,233 shares during the period. Financial Synergies Wealth Advisors Inc. raised its position in iShares S&P 500 Value ETF by 0.6% in the fourth quarter. Financial Synergies Wealth Advisors Inc. now owns 28,709 shares of the company’s stock valued at $5,480,000 after purchasing an additional 160 shares during the period. DAVENPORT & Co LLC raised its position in iShares S&P 500 Value ETF by 10.9% in the fourth quarter. DAVENPORT & Co LLC now owns 3,783 shares of the company’s stock valued at $722,000 after purchasing an additional 372 shares during the period. Equitable Trust Co. purchased a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $5,806,000. Finally, Empowered Funds LLC acquired a new position in shares of iShares S&P 500 Value ETF in the fourth quarter worth $133,000.

iShares S&P 500 Value ETF Stock Down 0.8 %

NYSEARCA:IVE opened at $185.78 on Friday. The company has a fifty day simple moving average of $194.33 and a two-hundred day simple moving average of $196.22. The company has a market cap of $36.09 billion, a price-to-earnings ratio of 22.06 and a beta of 0.94. iShares S&P 500 Value ETF has a 52 week low of $176.09 and a 52 week high of $206.63.

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.