Sax Wealth Advisors LLC Increases Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Sax Wealth Advisors LLC increased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 25.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 28,478 shares of the company’s stock after buying an additional 5,713 shares during the quarter. Sax Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $5,436,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in IVE. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of iShares S&P 500 Value ETF by 100.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after buying an additional 76 shares during the period. Northwest Investment Counselors LLC purchased a new position in iShares S&P 500 Value ETF in the third quarter valued at approximately $31,000. Valued Wealth Advisors LLC purchased a new stake in iShares S&P 500 Value ETF during the third quarter worth approximately $35,000. Copley Financial Group Inc. acquired a new stake in shares of iShares S&P 500 Value ETF in the third quarter worth $36,000. Finally, Hobbs Group Advisors LLC purchased a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter valued at $40,000.

iShares S&P 500 Value ETF Trading Up 0.7 %

Shares of iShares S&P 500 Value ETF stock opened at $194.09 on Friday. iShares S&P 500 Value ETF has a twelve month low of $170.13 and a twelve month high of $206.63. The stock has a market cap of $34.77 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The company has a fifty day moving average price of $196.93 and a 200 day moving average price of $193.97.

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.