Verus Capital Partners LLC Has $2.93 Million Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Verus Capital Partners LLC boosted its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 18.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,834 shares of the company’s stock after acquiring an additional 2,316 shares during the quarter. Verus Capital Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $2,925,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of IVE. Atomi Financial Group Inc. acquired a new stake in iShares S&P 500 Value ETF in the first quarter valued at $380,000. Koshinski Asset Management Inc. grew its stake in iShares S&P 500 Value ETF by 136.4% during the first quarter. Koshinski Asset Management Inc. now owns 9,998 shares of the company’s stock worth $1,868,000 after purchasing an additional 5,768 shares during the period. Interchange Capital Partners LLC acquired a new position in iShares S&P 500 Value ETF in the first quarter valued at approximately $1,288,000. Avid Wealth Partners LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter worth approximately $5,280,000. Finally, SageView Advisory Group LLC increased its stake in shares of iShares S&P 500 Value ETF by 5.5% in the 1st quarter. SageView Advisory Group LLC now owns 7,033 shares of the company’s stock valued at $1,372,000 after acquiring an additional 365 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:IVE opened at $202.59 on Tuesday. The firm has a market cap of $36.29 billion, a P/E ratio of 23.79 and a beta of 0.81. The business’s 50 day simple moving average is $196.62 and its two-hundred day simple moving average is $189.23. iShares S&P 500 Value ETF has a 52-week low of $157.33 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.