Gladstone Institutional Advisory LLC Raises Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Gladstone Institutional Advisory LLC boosted its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 16.2% during the fourth quarter, HoldingsChannel reports. The fund owned 117,074 shares of the company’s stock after buying an additional 16,296 shares during the quarter. iShares S&P 500 Value ETF comprises 1.0% of Gladstone Institutional Advisory LLC’s holdings, making the stock its 16th biggest position. Gladstone Institutional Advisory LLC’s holdings in iShares S&P 500 Value ETF were worth $22,347,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Chesapeake Wealth Management increased its position in iShares S&P 500 Value ETF by 3.8% during the 3rd quarter. Chesapeake Wealth Management now owns 1,382 shares of the company’s stock valued at $272,000 after purchasing an additional 50 shares during the period. West Coast Financial LLC grew its holdings in iShares S&P 500 Value ETF by 0.3% in the fourth quarter. West Coast Financial LLC now owns 16,432 shares of the company’s stock worth $3,137,000 after purchasing an additional 53 shares during the period. SWP Financial LLC increased its stake in shares of iShares S&P 500 Value ETF by 0.4% during the fourth quarter. SWP Financial LLC now owns 12,799 shares of the company’s stock valued at $2,443,000 after purchasing an additional 54 shares in the last quarter. GDS Wealth Management lifted its holdings in shares of iShares S&P 500 Value ETF by 3.3% during the third quarter. GDS Wealth Management now owns 1,765 shares of the company’s stock valued at $348,000 after purchasing an additional 56 shares during the last quarter. Finally, Roble Belko & Company Inc boosted its position in shares of iShares S&P 500 Value ETF by 0.5% in the 4th quarter. Roble Belko & Company Inc now owns 11,238 shares of the company’s stock worth $2,145,000 after purchasing an additional 57 shares in the last quarter.

iShares S&P 500 Value ETF Stock Up 0.5 %

IVE stock opened at $196.23 on Wednesday. The business has a 50 day moving average of $194.82 and a 200 day moving average of $195.32. The firm has a market cap of $35.15 billion, a PE 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.

About iShares S&P 500 Value ETF

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.