Theory Financial LLC Grows Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Theory Financial LLC boosted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 11.0% in the 3rd quarter, Holdings Channel reports. The firm owned 10,466 shares of the company’s stock after purchasing an additional 1,034 shares during the period. Theory Financial LLC’s holdings in iShares S&P 500 Value ETF were worth $2,037,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in IVE. EQ LLC grew its stake in shares of iShares S&P 500 Value ETF by 15.5% in the third quarter. EQ LLC now owns 38,283 shares of the company’s stock worth $7,548,000 after acquiring an additional 5,139 shares in the last quarter. Thrivent Financial for Lutherans grew its stake in shares of iShares S&P 500 Value ETF by 21.3% in the third quarter. Thrivent Financial for Lutherans now owns 234,487 shares of the company’s stock worth $46,241,000 after acquiring an additional 41,123 shares in the last quarter. Mill Creek Capital Advisors LLC grew its stake in shares of iShares S&P 500 Value ETF by 39.4% in the third quarter. Mill Creek Capital Advisors LLC now owns 7,532 shares of the company’s stock worth $1,485,000 after acquiring an additional 2,128 shares in the last quarter. Maxwell Wealth Strategies Inc. grew its stake in shares of iShares S&P 500 Value ETF by 2.3% in the third quarter. Maxwell Wealth Strategies Inc. now owns 17,308 shares of the company’s stock worth $3,398,000 after acquiring an additional 392 shares in the last quarter. Finally, Natixis Advisors LLC grew its stake in shares of iShares S&P 500 Value ETF by 5.2% in the third quarter. Natixis Advisors LLC now owns 30,156 shares of the company’s stock worth $5,946,000 after acquiring an additional 1,484 shares in the last quarter.

iShares S&P 500 Value ETF Stock Down 0.3 %

NYSEARCA:IVE opened at $199.51 on Monday. The company has a fifty day simple moving average of $197.20 and a two-hundred day simple moving average of $189.74. The company has a market cap of $35.74 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 52 week low of $161.43 and a 52 week high of $203.67.

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.