ADG Wealth Management Group LLC Purchases 2,404 Shares of iShares S&P 500 Value ETF $IVE

ADG Wealth Management Group LLC grew its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 63,390 shares of the company’s stock after acquiring an additional 2,404 shares during the period. iShares S&P 500 Value ETF comprises about 10.2% of ADG Wealth Management Group LLC’s investment portfolio, making the stock its 3rd biggest holding. ADG Wealth Management Group LLC’s holdings in iShares S&P 500 Value ETF were worth $13,443,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. REAP Financial Group LLC raised its position in shares of iShares S&P 500 Value ETF by 9.7% in the 3rd quarter. REAP Financial Group LLC now owns 542 shares of the company’s stock valued at $112,000 after purchasing an additional 48 shares in the last quarter. Dumont & Blake Investment Advisors LLC raised its holdings in iShares S&P 500 Value ETF by 0.5% in the third quarter. Dumont & Blake Investment Advisors LLC now owns 10,795 shares of the company’s stock valued at $2,229,000 after acquiring an additional 49 shares in the last quarter. Signal Advisors Wealth LLC raised its holdings in iShares S&P 500 Value ETF by 0.6% in the third quarter. Signal Advisors Wealth LLC now owns 9,010 shares of the company’s stock valued at $1,861,000 after acquiring an additional 51 shares in the last quarter. Rossby Financial LCC boosted its stake in iShares S&P 500 Value ETF by 7.5% during the 3rd quarter. Rossby Financial LCC now owns 757 shares of the company’s stock valued at $157,000 after acquiring an additional 53 shares during the last quarter. Finally, CPC Advisors LLC boosted its stake in iShares S&P 500 Value ETF by 4.9% during the 3rd quarter. CPC Advisors LLC now owns 1,255 shares of the company’s stock valued at $259,000 after acquiring an additional 59 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE stock opened at $211.15 on Wednesday. The firm has a fifty day moving average of $216.74 and a two-hundred day moving average of $212.33. The firm has a market cap of $47.70 billion, a P/E ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a 1-year low of $165.45 and a 1-year high of $223.05.

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. 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.