Swmg LLC Grows Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Swmg LLC increased its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 10.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 29,940 shares of the company’s stock after buying an additional 2,718 shares during the quarter. iShares S&P 500 Value ETF comprises approximately 2.3% of Swmg LLC’s holdings, making the stock its 10th largest holding. Swmg LLC’s holdings in iShares S&P 500 Value ETF were worth $5,851,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Unique Wealth LLC purchased a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter worth about $344,000. Canandaigua National Bank & Trust Co. purchased a new stake in shares of iShares S&P 500 Value ETF in the third quarter worth approximately $475,000. Ausdal Financial Partners Inc. lifted its stake in shares of iShares S&P 500 Value ETF by 81.0% during the 3rd quarter. Ausdal Financial Partners Inc. now owns 46,203 shares of the company’s stock worth $9,110,000 after acquiring an additional 20,674 shares during the last quarter. Alpha Financial Partners LLC purchased a new position in iShares S&P 500 Value ETF during the 3rd quarter valued at $7,385,000. Finally, Everpar Advisors LLC grew its position in iShares S&P 500 Value ETF by 7.2% in the 3rd quarter. Everpar Advisors LLC now owns 1,555 shares of the company’s stock valued at $307,000 after acquiring an additional 105 shares during the last quarter.

iShares S&P 500 Value ETF Stock Down 0.6 %

IVE stock opened at $196.17 on Friday. iShares S&P 500 Value ETF has a twelve month low of $173.01 and a twelve month high of $206.63. The firm has a market cap of $35.14 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The business’s fifty day simple moving average is $196.15 and its two-hundred day simple moving average is $194.83.

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.