Telos Capital Management Inc. Raises Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Telos Capital Management Inc. increased its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,047 shares of the company’s stock after purchasing an additional 202 shares during the quarter. Telos Capital Management Inc.’s holdings in iShares S&P 500 Value ETF were worth $3,063,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IVE. Alpha Financial Partners LLC bought a new position in iShares S&P 500 Value ETF in the third quarter worth approximately $7,385,000. Fulton Bank N.A. bought a new position in iShares S&P 500 Value ETF in the third quarter worth approximately $216,000. Sanibel Captiva Trust Company Inc. raised its position in iShares S&P 500 Value ETF by 7.4% in the third quarter. Sanibel Captiva Trust Company Inc. now owns 19,464 shares of the company’s stock worth $3,838,000 after acquiring an additional 1,341 shares during the period. Clarus Wealth Advisors raised its position in iShares S&P 500 Value ETF by 0.6% in the third quarter. Clarus Wealth Advisors now owns 18,312 shares of the company’s stock worth $3,575,000 after acquiring an additional 116 shares during the period. Finally, Kelly Financial Services LLC raised its position in iShares S&P 500 Value ETF by 1.9% in the third quarter. Kelly Financial Services LLC now owns 31,960 shares of the company’s stock worth $6,302,000 after acquiring an additional 583 shares during the period.

iShares S&P 500 Value ETF Trading Down 0.1 %

IVE opened at $196.25 on Friday. iShares S&P 500 Value ETF has a 1-year low of $173.01 and a 1-year high of $206.63. The company has a market capitalization of $35.16 billion, a PE ratio of 23.79 and a beta of 0.81. The firm’s 50 day simple moving average is $195.43 and its two-hundred day simple moving average is $195.09.

About iShares S&P 500 Value ETF

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.