Insigneo Advisory Services LLC Acquires 741 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Insigneo Advisory Services LLC increased its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 27.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,447 shares of the company’s stock after acquiring an additional 741 shares during the quarter. Insigneo Advisory Services LLC’s holdings in iShares S&P 500 Value ETF were worth $657,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of IVE. Robertson Stephens Wealth Management LLC raised its stake in iShares S&P 500 Value ETF by 11.0% during the first quarter. Robertson Stephens Wealth Management LLC now owns 46,009 shares of the company’s stock valued at $8,769,000 after buying an additional 4,571 shares during the last quarter. BCU Wealth Advisors LLC increased its holdings in shares of iShares S&P 500 Value ETF by 19.5% during the first quarter. BCU Wealth Advisors LLC now owns 8,039 shares of the company’s stock valued at $1,532,000 after acquiring an additional 1,312 shares in the last quarter. Sowell Financial Services LLC raised its position in shares of iShares S&P 500 Value ETF by 0.5% in the 1st quarter. Sowell Financial Services LLC now owns 15,245 shares of the company’s stock worth $2,905,000 after purchasing an additional 78 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in iShares S&P 500 Value ETF by 37.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 921,530 shares of the company’s stock worth $175,625,000 after purchasing an additional 252,607 shares in the last quarter. Finally, Keystone Wealth Services LLC bought a new position in iShares S&P 500 Value ETF in the 1st quarter worth about $245,000.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE stock opened at $189.82 on Wednesday. The company has a market capitalization of $38.06 billion, a price-to-earnings ratio of 20.88 and a beta of 0.89. iShares S&P 500 Value ETF has a one year low of $165.45 and a one year high of $206.63. The company’s 50-day moving average is $185.89 and its 200 day moving average is $190.47.

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.