Sowell Financial Services LLC Takes Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Sowell Financial Services LLC purchased a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 4th quarter, Holdings Channel reports. The firm purchased 15,167 shares of the company’s stock, valued at approximately $2,895,000.

Several other large investors have also modified their holdings of IVE. Chesapeake Wealth Management boosted its position in iShares S&P 500 Value ETF by 3.8% during the third quarter. Chesapeake Wealth Management now owns 1,382 shares of the company’s stock worth $272,000 after acquiring an additional 50 shares during the last quarter. West Coast Financial LLC boosted its position in iShares S&P 500 Value ETF by 0.3% during the fourth quarter. West Coast Financial LLC now owns 16,432 shares of the company’s stock worth $3,137,000 after acquiring an additional 53 shares during the last quarter. SWP Financial LLC boosted its position in iShares S&P 500 Value ETF by 0.4% during the fourth quarter. SWP Financial LLC now owns 12,799 shares of the company’s stock worth $2,443,000 after acquiring an additional 54 shares during the last quarter. GDS Wealth Management boosted its position in iShares S&P 500 Value ETF by 3.3% during the third quarter. GDS Wealth Management now owns 1,765 shares of the company’s stock worth $348,000 after acquiring an additional 56 shares during the last quarter. Finally, Roble Belko & Company Inc boosted its position in iShares S&P 500 Value ETF by 0.5% during the fourth quarter. Roble Belko & Company Inc now owns 11,238 shares of the company’s stock worth $2,145,000 after acquiring an additional 57 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA IVE opened at $194.14 on Monday. iShares S&P 500 Value ETF has a 1 year low of $176.09 and a 1 year high of $206.63. The firm’s 50 day moving average price is $194.52 and its 200 day moving average price is $196.40. The firm has a market cap of $37.71 billion, a P/E ratio of 22.06 and a beta of 0.94.

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.