Argent Advisors Inc. Raises Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Argent Advisors Inc. grew its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 7,178 shares of the company’s stock after buying an additional 328 shares during the quarter. Argent Advisors Inc.’s holdings in iShares S&P 500 Value ETF were worth $1,370,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Flagship Wealth Advisors LLC purchased a new position in shares of iShares S&P 500 Value ETF during the fourth quarter worth about $2,754,000. Creative Financial Designs Inc. ADV grew its holdings in shares of iShares S&P 500 Value ETF by 1.9% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 6,021 shares of the company’s stock worth $1,149,000 after purchasing an additional 113 shares during the last quarter. GWN Securities Inc. purchased a new position in shares of iShares S&P 500 Value ETF during the fourth quarter worth about $1,198,000. Centurion Wealth Management LLC grew its holdings in shares of iShares S&P 500 Value ETF by 1.2% during the fourth quarter. Centurion Wealth Management LLC now owns 12,581 shares of the company’s stock worth $2,402,000 after purchasing an additional 155 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its holdings in shares of iShares S&P 500 Value ETF by 3.4% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 1,527,973 shares of the company’s stock worth $291,659,000 after purchasing an additional 49,640 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE stock opened at $190.88 on Tuesday. The stock’s 50-day moving average is $194.26 and its two-hundred day moving average is $196.19. The firm has a market cap of $37.08 billion, a price-to-earnings ratio of 22.06 and a beta of 0.94. iShares S&P 500 Value ETF has a 1 year low of $176.09 and a 1 year high of $206.63.

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.