Lockerman Financial Group Inc. Takes $225,000 Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Lockerman Financial Group Inc. acquired a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 1,182 shares of the company’s stock, valued at approximately $225,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Ancora Advisors LLC raised its holdings in shares of iShares S&P 500 Value ETF by 6.8% during the 4th quarter. Ancora Advisors LLC now owns 5,607 shares of the company’s stock worth $1,070,000 after acquiring an additional 357 shares during the period. Empowered Funds LLC acquired a new position in iShares S&P 500 Value ETF in the 4th quarter valued at about $133,000. JMG Financial Group Ltd. boosted its stake in shares of iShares S&P 500 Value ETF by 1.8% in the 4th quarter. JMG Financial Group Ltd. now owns 5,136 shares of the company’s stock valued at $980,000 after buying an additional 91 shares during the period. Axis Wealth Partners LLC purchased a new position in shares of iShares S&P 500 Value ETF in the 4th quarter valued at about $1,218,000. Finally, Mosley Wealth Management boosted its stake in shares of iShares S&P 500 Value ETF by 10.6% in the 4th quarter. Mosley Wealth Management now owns 19,643 shares of the company’s stock valued at $3,873,000 after buying an additional 1,886 shares during the period.

iShares S&P 500 Value ETF Stock Down 1.0%

IVE stock opened at $190.91 on Friday. The business has a 50 day moving average price of $185.25 and a 200 day moving average price of $190.68. The stock has a market cap of $38.09 billion, a price-to-earnings ratio of 20.88 and a beta of 0.89. iShares S&P 500 Value ETF has a fifty-two week low of $165.45 and a fifty-two week high of $206.63.

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.