Brookstone Capital Management Has $13.22 Million Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Brookstone Capital Management trimmed its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 69,237 shares of the company’s stock after selling 3,704 shares during the quarter. Brookstone Capital Management’s holdings in iShares S&P 500 Value ETF were worth $13,216,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Oppenheimer & Co. Inc. boosted its holdings in shares of iShares S&P 500 Value ETF by 119.9% during the second quarter. Oppenheimer & Co. Inc. now owns 22,100 shares of the company’s stock worth $4,022,000 after purchasing an additional 12,049 shares during the period. Zions Bancorporation N.A. acquired a new stake in shares of iShares S&P 500 Value ETF during the second quarter worth approximately $142,000. Spectrum Wealth Counsel LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 585.0% during the second quarter. Spectrum Wealth Counsel LLC now owns 66,011 shares of the company’s stock worth $12,015,000 after purchasing an additional 56,375 shares during the period. Clear Investment Research LLC lifted its stake in iShares S&P 500 Value ETF by 6.4% in the second quarter. Clear Investment Research LLC now owns 7,463 shares of the company’s stock valued at $1,358,000 after acquiring an additional 448 shares during the last quarter. Finally, Nia Impact Advisors LLC acquired a new stake in iShares S&P 500 Value ETF in the second quarter valued at approximately $250,000.

iShares S&P 500 Value ETF Trading Up 0.1 %

NYSEARCA IVE traded up $0.13 during trading on Monday, reaching $188.30. The company’s stock had a trading volume of 140,880 shares, compared to its average volume of 942,306. The stock has a market capitalization of $33.73 billion, a PE ratio of 23.79 and a beta of 0.81. The business has a 50-day moving average price of $197.63 and a 200-day moving average price of $193.78. iShares S&P 500 Value ETF has a 1-year low of $170.13 and a 1-year 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.