Tradition Wealth Management LLC Acquires 493 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Tradition Wealth Management LLC increased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 18,894 shares of the company’s stock after purchasing an additional 493 shares during the quarter. Tradition Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $3,607,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of IVE. LexAurum Advisors LLC lifted its stake in iShares S&P 500 Value ETF by 47.2% during the 4th quarter. LexAurum Advisors LLC now owns 3,846 shares of the company’s stock valued at $734,000 after acquiring an additional 1,233 shares during the period. Financial Synergies Wealth Advisors Inc. raised its holdings in shares of iShares S&P 500 Value ETF by 0.6% during 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 last quarter. DAVENPORT & Co LLC lifted its position in iShares S&P 500 Value ETF by 10.9% during 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 worth approximately $5,806,000. Finally, Empowered Funds LLC purchased a new stake in iShares S&P 500 Value ETF in the fourth quarter worth approximately $133,000.

iShares S&P 500 Value ETF Trading Up 0.2 %

Shares of IVE opened at $177.38 on Friday. The firm has a fifty day simple moving average of $188.34 and a two-hundred day simple moving average of $194.00. The firm has a market cap of $34.82 billion, a PE ratio of 20.32 and a beta of 0.88. iShares S&P 500 Value ETF has a 1-year low of $165.45 and a 1-year 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.