iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Purchased by Lake Street Advisors Group LLC

Lake Street Advisors Group LLC increased its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.6% during the third quarter, Holdings Channel reports. The institutional investor owned 2,985 shares of the company’s stock after acquiring an additional 75 shares during the period. Lake Street Advisors Group LLC’s holdings in iShares S&P 500 Value ETF were worth $589,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IVE. Palisade Asset Management LLC acquired a new position in shares of iShares S&P 500 Value ETF during the 1st quarter worth $26,000. CarsonAllaria Wealth Management Ltd. raised its position in iShares S&P 500 Value ETF by 289.5% during the first quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock worth $28,000 after acquiring an additional 110 shares during the last quarter. Northwest Investment Counselors LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the third quarter valued at about $31,000. Addison Advisors LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 50.0% in the second quarter. Addison Advisors LLC now owns 279 shares of the company’s stock valued at $51,000 after purchasing an additional 93 shares in the last quarter. Finally, TruNorth Capital Management LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the second quarter valued at approximately $65,000.

iShares S&P 500 Value ETF Price Performance

Shares of iShares S&P 500 Value ETF stock opened at $196.32 on Friday. iShares S&P 500 Value ETF has a 1 year low of $147.23 and a 1 year high of $201.08. The business has a 50 day moving average price of $195.53 and a 200 day moving average price of $187.62. The company has a market capitalization of $35.17 billion, a P/E ratio of 23.79 and a beta of 0.81.

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.