Beacon Financial Advisory LLC Raises Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Beacon Financial Advisory LLC boosted its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 31.9% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,862 shares of the company’s stock after purchasing an additional 1,176 shares during the quarter. Beacon Financial Advisory LLC’s holdings in iShares S&P 500 Value ETF were worth $927,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its stake in shares of iShares S&P 500 Value ETF by 0.8% in the fourth quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock worth $2,679,000 after buying an additional 112 shares in the last quarter. Principal Financial Group Inc. lifted its stake in iShares S&P 500 Value ETF by 8.1% in the 4th quarter. Principal Financial Group Inc. now owns 14,957 shares of the company’s stock worth $2,855,000 after purchasing an additional 1,122 shares in the last quarter. Pine Valley Investments Ltd Liability Co boosted its holdings in shares of iShares S&P 500 Value ETF by 32.5% during the 4th quarter. Pine Valley Investments Ltd Liability Co now owns 3,755 shares of the company’s stock worth $717,000 after purchasing an additional 920 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of iShares S&P 500 Value ETF by 5.9% in the fourth quarter. Bank of New York Mellon Corp now owns 412,823 shares of the company’s stock valued at $78,800,000 after purchasing an additional 23,053 shares in the last quarter. Finally, Bryn Mawr Capital Management LLC grew its position in shares of iShares S&P 500 Value ETF by 13.4% in the fourth quarter. Bryn Mawr Capital Management LLC now owns 12,325 shares of the company’s stock valued at $2,353,000 after purchasing an additional 1,455 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA:IVE opened at $193.52 on Friday. iShares S&P 500 Value ETF has a one year low of $165.45 and a one year high of $206.63. The stock has a market cap of $38.86 billion, a PE ratio of 20.88 and a beta of 0.94. The stock has a 50 day moving average price of $187.73 and a 200 day moving average price of $190.01.

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.