RFG Advisory LLC Acquires 6,423 Shares of iShares S&P 500 Value ETF $IVE

RFG Advisory LLC lifted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 95.4% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,159 shares of the company’s stock after purchasing an additional 6,423 shares during the quarter. RFG Advisory LLC’s holdings in iShares S&P 500 Value ETF were worth $2,779,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in IVE. Flagship Private Wealth LLC raised its stake in iShares S&P 500 Value ETF by 1.1% during the fourth quarter. Flagship Private Wealth LLC now owns 4,250 shares of the company’s stock valued at $901,000 after buying an additional 48 shares during the last quarter. Patten & Patten Inc. TN grew its stake in shares of iShares S&P 500 Value ETF by 4.8% in the fourth quarter. Patten & Patten Inc. TN now owns 1,048 shares of the company’s stock worth $222,000 after acquiring an additional 48 shares during the last quarter. Bernardo Wealth Planning LLC increased its holdings in shares of iShares S&P 500 Value ETF by 0.5% during the fourth quarter. Bernardo Wealth Planning LLC now owns 9,495 shares of the company’s stock valued at $2,014,000 after acquiring an additional 49 shares in the last quarter. Stegner Investment Associates Inc. increased its holdings in shares of iShares S&P 500 Value ETF by 0.3% during the fourth quarter. Stegner Investment Associates Inc. now owns 16,304 shares of the company’s stock valued at $3,457,000 after acquiring an additional 49 shares in the last quarter. Finally, Rossby Financial LCC raised its position in shares of iShares S&P 500 Value ETF by 6.6% in the 4th quarter. Rossby Financial LCC now owns 807 shares of the company’s stock worth $171,000 after purchasing an additional 50 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of iShares S&P 500 Value ETF stock opened at $226.52 on Friday. The stock has a market cap of $50.02 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. The firm’s 50-day moving average is $225.08 and its 200 day moving average is $218.91. iShares S&P 500 Value ETF has a 1 year low of $193.55 and a 1 year high of $230.05.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.