Amara Financial LLC. Increases Stock Position in iShares S&P 500 Value ETF $IVE

Amara Financial LLC. lifted its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 152.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,445 shares of the company’s stock after buying an additional 4,496 shares during the quarter. iShares S&P 500 Value ETF makes up about 1.1% of Amara Financial LLC.’s holdings, making the stock its 15th biggest holding. Amara Financial LLC.’s holdings in iShares S&P 500 Value ETF were worth $1,537,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in IVE. FLP Wealth Management LLC grew its holdings in iShares S&P 500 Value ETF by 628.5% in the third quarter. FLP Wealth Management LLC now owns 16,727 shares of the company’s stock valued at $3,454,000 after purchasing an additional 14,431 shares during the period. Great Point Wealth Advisors LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the third quarter worth approximately $2,478,000. Detalus Advisors LLC lifted its stake in shares of iShares S&P 500 Value ETF by 3.6% in the third quarter. Detalus Advisors LLC now owns 84,033 shares of the company’s stock worth $17,354,000 after buying an additional 2,909 shares in the last quarter. Curbstone Financial Management Corp acquired a new stake in shares of iShares S&P 500 Value ETF in the third quarter valued at approximately $564,000. Finally, American Trust purchased a new position in shares of iShares S&P 500 Value ETF during the 2nd quarter worth $806,000.

iShares S&P 500 Value ETF Price Performance

NYSEARCA:IVE opened at $220.27 on Friday. The firm has a market capitalization of $49.76 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89. The company’s 50-day moving average is $216.45 and its two-hundred day moving average is $209.61. iShares S&P 500 Value ETF has a 1-year low of $165.45 and a 1-year high of $223.05.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.