Opal Wealth Advisors LLC Has $6.88 Million Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Opal Wealth Advisors LLC boosted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,040 shares of the company’s stock after purchasing an additional 1,844 shares during the quarter. iShares S&P 500 Value ETF comprises approximately 2.1% of Opal Wealth Advisors LLC’s investment portfolio, making the stock its 11th biggest position. Opal Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $6,879,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. LexAurum Advisors LLC increased its position in iShares S&P 500 Value ETF by 47.2% during the 4th quarter. LexAurum Advisors LLC now owns 3,846 shares of the company’s stock worth $734,000 after buying an additional 1,233 shares during the period. Financial Synergies Wealth Advisors Inc. increased its position in iShares S&P 500 Value ETF by 0.6% during the fourth quarter. Financial Synergies Wealth Advisors Inc. now owns 28,709 shares of the company’s stock worth $5,480,000 after acquiring an additional 160 shares during the period. NBC Securities Inc. raised its stake in iShares S&P 500 Value ETF by 33.3% in the 3rd quarter. NBC Securities Inc. now owns 2,148 shares of the company’s stock worth $423,000 after purchasing an additional 536 shares in the last quarter. DAVENPORT & Co LLC boosted its holdings in iShares S&P 500 Value ETF by 10.9% in the 4th quarter. DAVENPORT & Co LLC now owns 3,783 shares of the company’s stock valued at $722,000 after purchasing an additional 372 shares during the period. Finally, Concourse Financial Group Securities Inc. grew its position in shares of iShares S&P 500 Value ETF by 7.0% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 53,260 shares of the company’s stock worth $10,501,000 after purchasing an additional 3,500 shares in the last quarter.

iShares S&P 500 Value ETF Trading Down 0.8 %

NYSEARCA IVE opened at $194.62 on Monday. The company has a market cap of $34.87 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The company has a 50 day moving average of $195.01 and a 200-day moving average of $195.20. iShares S&P 500 Value ETF has a 1-year low of $173.01 and a 1-year high of $206.63.

iShares S&P 500 Value ETF Company 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.