15,167 Shares in iShares S&P 500 Value ETF (NYSEARCA:IVE) Purchased by Sowell Financial Services LLC

Sowell Financial Services LLC purchased a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 15,167 shares of the company’s stock, valued at approximately $2,895,000.

Other large investors have also recently added to or reduced their stakes in the company. Chesapeake Wealth Management grew its position in iShares S&P 500 Value ETF by 3.8% during the third quarter. Chesapeake Wealth Management now owns 1,382 shares of the company’s stock worth $272,000 after buying an additional 50 shares during the period. West Coast Financial LLC grew its position in iShares S&P 500 Value ETF by 0.3% during the fourth quarter. West Coast Financial LLC now owns 16,432 shares of the company’s stock worth $3,137,000 after buying an additional 53 shares during the period. SWP Financial LLC grew its position in iShares S&P 500 Value ETF by 0.4% during the fourth quarter. SWP Financial LLC now owns 12,799 shares of the company’s stock worth $2,443,000 after buying an additional 54 shares during the period. GDS Wealth Management grew its position in iShares S&P 500 Value ETF by 3.3% during the third quarter. GDS Wealth Management now owns 1,765 shares of the company’s stock worth $348,000 after buying an additional 56 shares during the period. Finally, Roble Belko & Company Inc grew its position in iShares S&P 500 Value ETF by 0.5% during the fourth quarter. Roble Belko & Company Inc now owns 11,238 shares of the company’s stock worth $2,145,000 after buying an additional 57 shares during the period.

iShares S&P 500 Value ETF Trading Up 0.8 %

Shares of IVE opened at $194.14 on Monday. The firm’s 50-day moving average is $194.52 and its two-hundred day moving average is $196.40. iShares S&P 500 Value ETF has a twelve month low of $176.09 and a twelve month high of $206.63. The firm has a market capitalization of $37.71 billion, a P/E ratio of 22.06 and a beta of 0.94.

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.