Brookstone Capital Management Acquires 32,413 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Brookstone Capital Management grew its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 89.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 68,694 shares of the company’s stock after buying an additional 32,413 shares during the quarter. Brookstone Capital Management’s holdings in iShares S&P 500 Value ETF were worth $12,833,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Vima LLC purchased a new stake in iShares S&P 500 Value ETF during the 4th quarter valued at $27,000. Northwest Investment Counselors LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the first quarter worth about $29,000. First Pacific Financial bought a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter worth about $30,000. Sound Income Strategies LLC purchased a new position in iShares S&P 500 Value ETF during the 4th quarter valued at about $35,000. Finally, Wetzel Investment Advisors Inc. bought a new position in iShares S&P 500 Value ETF during the 4th quarter valued at approximately $35,000.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE opened at $181.83 on Friday. The stock has a market cap of $32.57 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a fifty-two week low of $147.23 and a fifty-two week high of $187.24. The stock has a 50 day simple moving average of $182.41 and a two-hundred day simple moving average of $179.15.

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.