Axxcess Wealth Management LLC Purchases 3,454 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Axxcess Wealth Management LLC grew its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 46.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,828 shares of the company’s stock after purchasing an additional 3,454 shares during the quarter. Axxcess Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $2,135,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Northwest Investment Counselors LLC bought a new position in shares of iShares S&P 500 Value ETF during the third quarter worth $31,000. Valued Wealth Advisors LLC bought a new position in iShares S&P 500 Value ETF during the third quarter valued at $35,000. Addison Advisors LLC lifted its position in iShares S&P 500 Value ETF by 50.0% during 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 during the last quarter. TruNorth Capital Management LLC bought a new position in iShares S&P 500 Value ETF during the second quarter valued at $65,000. Finally, Avondale Wealth Management lifted its position in iShares S&P 500 Value ETF by 24.8% during the second quarter. Avondale Wealth Management now owns 362 shares of the company’s stock valued at $66,000 after purchasing an additional 72 shares during the last quarter.

iShares S&P 500 Value ETF Stock Up 0.4 %

IVE stock opened at $202.59 on Tuesday. iShares S&P 500 Value ETF has a 52 week low of $157.33 and a 52 week high of $203.67. The company has a fifty day simple moving average of $196.49 and a two-hundred day simple moving average of $189.08. The firm has a market capitalization of $36.29 billion, a P/E ratio of 23.79 and a beta of 0.81.

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.