Brookstone Capital Management Purchases 2,985 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Brookstone Capital Management grew its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.3% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 72,941 shares of the company’s stock after buying an additional 2,985 shares during the period. Brookstone Capital Management’s holdings in iShares S&P 500 Value ETF were worth $14,382,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in IVE. Palisade Asset Management LLC bought a new stake in shares of iShares S&P 500 Value ETF in the first quarter worth about $26,000. CarsonAllaria Wealth Management Ltd. increased its stake in iShares S&P 500 Value ETF by 289.5% during the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock worth $28,000 after purchasing an additional 110 shares in the last quarter. Vima LLC acquired a new stake in iShares S&P 500 Value ETF during the 4th quarter worth approximately $27,000. Northwest Investment Counselors LLC bought a new position in iShares S&P 500 Value ETF in the first quarter valued at approximately $29,000. Finally, Fortis Group Advisors LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 200 shares of the company’s stock valued at $35,000 after buying an additional 100 shares during the period.

iShares S&P 500 Value ETF Stock Up 0.2 %

Shares of NYSEARCA:IVE opened at $195.54 on Wednesday. The firm has a market cap of $35.03 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 12 month low of $147.23 and a 12 month high of $197.63. The company’s fifty day simple moving average is $192.41 and its 200 day simple moving average is $186.37.

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.