Archford Capital Strategies LLC Invests $264,000 in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Archford Capital Strategies LLC bought a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 1,384 shares of the company’s stock, valued at approximately $264,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Raymond James Financial Inc. purchased a new position in iShares S&P 500 Value ETF in the fourth quarter valued at about $311,273,000. Sofi Wealth LLC lifted its stake in iShares S&P 500 Value ETF by 6,106.5% in the first quarter. Sofi Wealth LLC now owns 897,268 shares of the company’s stock valued at $171,001,000 after purchasing an additional 882,811 shares during the last quarter. Park Avenue Securities LLC lifted its stake in iShares S&P 500 Value ETF by 53.1% in the first quarter. Park Avenue Securities LLC now owns 1,450,465 shares of the company’s stock valued at $276,430,000 after purchasing an additional 502,776 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in iShares S&P 500 Value ETF by 3.8% in the fourth quarter. Envestnet Asset Management Inc. now owns 13,435,769 shares of the company’s stock valued at $2,564,620,000 after purchasing an additional 493,784 shares during the last quarter. Finally, GAMMA Investing LLC lifted its stake in iShares S&P 500 Value ETF by 18,958.0% in the first quarter. GAMMA Investing LLC now owns 477,975 shares of the company’s stock valued at $91,092,000 after purchasing an additional 475,467 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA IVE opened at $192.51 on Thursday. iShares S&P 500 Value ETF has a one year low of $165.45 and a one year high of $206.63. The business’s fifty day moving average price is $187.41 and its 200-day moving average price is $190.06. The stock has a market capitalization of $38.60 billion, a PE ratio of 20.88 and a beta of 0.89.

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.