iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Purchased by Ausdal Financial Partners Inc.

Ausdal Financial Partners Inc. increased its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 81.0% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 46,203 shares of the company’s stock after purchasing an additional 20,674 shares during the period. iShares S&P 500 Value ETF accounts for approximately 0.9% of Ausdal Financial Partners Inc.’s investment portfolio, making the stock its 15th biggest position. Ausdal Financial Partners Inc.’s holdings in iShares S&P 500 Value ETF were worth $9,110,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Canandaigua National Bank & Trust Co. acquired a new stake in iShares S&P 500 Value ETF in the 3rd quarter valued at about $475,000. Unique Wealth LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter worth approximately $344,000. Whitcomb & Hess Inc. increased its holdings in shares of iShares S&P 500 Value ETF by 1.0% during the 3rd quarter. Whitcomb & Hess Inc. now owns 6,023 shares of the company’s stock worth $1,188,000 after buying an additional 58 shares during the last quarter. Praetorian Wealth Management Inc. boosted its position in shares of iShares S&P 500 Value ETF by 0.3% during the 3rd quarter. Praetorian Wealth Management Inc. now owns 332,981 shares of the company’s stock worth $65,654,000 after purchasing an additional 959 shares during the period. Finally, Alternative Investment Advisors LLC. purchased a new position in shares of iShares S&P 500 Value ETF during the 2nd quarter worth approximately $10,102,000.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA:IVE traded up $1.29 during mid-day trading on Friday, reaching $196.65. 329,091 shares of the company were exchanged, compared to its average volume of 701,597. The firm has a market cap of $35.23 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The firm’s 50-day simple moving average is $192.30 and its 200 day simple moving average is $186.26. iShares S&P 500 Value ETF has a 1 year low of $147.23 and a 1 year high of $197.63.

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.