Avidian Wealth Enterprises LLC Buys 867 Shares of iShares S&P 500 Value ETF $IVE

Avidian Wealth Enterprises LLC boosted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.0% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 43,857 shares of the company’s stock after buying an additional 867 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in iShares S&P 500 Value ETF were worth $8,571,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. Schnieders Capital Management LLC bought a new position in iShares S&P 500 Value ETF during the second quarter valued at about $550,000. Crewe Advisors LLC grew its position in iShares S&P 500 Value ETF by 82.0% during the second quarter. Crewe Advisors LLC now owns 1,241 shares of the company’s stock valued at $243,000 after buying an additional 559 shares during the period. Accretive Wealth Partners LLC bought a new position in iShares S&P 500 Value ETF during the second quarter valued at about $209,000. Beverly Hills Private Wealth LLC grew its position in iShares S&P 500 Value ETF by 26.3% during the second quarter. Beverly Hills Private Wealth LLC now owns 1,920 shares of the company’s stock valued at $375,000 after buying an additional 400 shares during the period. Finally, Mountain Capital Investment Advisors Inc. grew its position in iShares S&P 500 Value ETF by 5.9% during the second quarter. Mountain Capital Investment Advisors Inc. now owns 1,223 shares of the company’s stock valued at $241,000 after buying an additional 68 shares during the period.

iShares S&P 500 Value ETF Stock Performance

IVE opened at $208.42 on Tuesday. The firm has a market cap of $42.14 billion, a P/E ratio of 20.70 and a beta of 0.94. The firm has a 50-day moving average of $204.25 and a 200 day moving average of $194.84. iShares S&P 500 Value ETF has a fifty-two week low of $165.45 and a fifty-two week high of $209.12.

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.