Opal Wealth Advisors LLC Has $6.88 Million Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Opal Wealth Advisors LLC increased its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 36,040 shares of the company’s stock after purchasing an additional 1,844 shares during the period. iShares S&P 500 Value ETF makes up 2.1% of Opal Wealth Advisors LLC’s holdings, making the stock its 11th largest position. Opal Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $6,879,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of iShares S&P 500 Value ETF by 100.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after purchasing an additional 76 shares during the last quarter. Northwest Investment Counselors LLC acquired a new stake in iShares S&P 500 Value ETF in the 3rd quarter valued at $31,000. Valued Wealth Advisors LLC acquired a new stake in iShares S&P 500 Value ETF in the 3rd quarter valued at $35,000. Perkins Coie Trust Co bought a new stake in iShares S&P 500 Value ETF during the 4th quarter worth about $35,000. Finally, Copley Financial Group Inc. acquired a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter worth about $36,000.

iShares S&P 500 Value ETF Stock Down 0.8 %

NYSEARCA:IVE opened at $194.62 on Monday. The firm has a market capitalization of $34.87 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a twelve month low of $173.01 and a twelve month high of $206.63. The stock’s 50 day moving average price is $195.01 and its two-hundred day moving average price is $195.20.

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.