iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Acquired by Semmax Financial Advisors Inc.

Semmax Financial Advisors Inc. lifted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 16.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,809 shares of the company’s stock after purchasing an additional 396 shares during the period. Semmax Financial Advisors Inc.’s holdings in iShares S&P 500 Value ETF were worth $525,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in IVE. TrinityPoint Wealth LLC grew its holdings in shares of iShares S&P 500 Value ETF by 40.4% in the 4th quarter. TrinityPoint Wealth LLC now owns 1,878 shares of the company’s stock worth $327,000 after acquiring an additional 540 shares during the period. Franklin Resources Inc. raised its stake in shares of iShares S&P 500 Value ETF by 17.2% during the 4th quarter. Franklin Resources Inc. now owns 34,672 shares of the company’s stock worth $6,029,000 after buying an additional 5,094 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of iShares S&P 500 Value ETF by 408.3% in the 4th quarter. EverSource Wealth Advisors LLC now owns 305 shares of the company’s stock worth $53,000 after buying an additional 245 shares in the last quarter. Evermay Wealth Management LLC grew its stake in iShares S&P 500 Value ETF by 23.2% in the 4th quarter. Evermay Wealth Management LLC now owns 1,690 shares of the company’s stock valued at $294,000 after acquiring an additional 318 shares during the last quarter. Finally, Alta Wealth Advisors LLC increased its holdings in iShares S&P 500 Value ETF by 28.0% during the 4th quarter. Alta Wealth Advisors LLC now owns 10,101 shares of the company’s stock valued at $1,756,000 after acquiring an additional 2,210 shares in the last quarter.

iShares S&P 500 Value ETF Trading Up 0.5 %

Shares of IVE opened at $197.15 on Tuesday. The company has a 50-day moving average of $190.84 and a two-hundred day moving average of $185.44. The stock has a market cap of $35.32 billion, a P/E 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 $197.39.

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.