Ausdal Financial Partners Inc. Purchases 20,674 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Ausdal Financial Partners Inc. boosted its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 81.0% during the 3rd quarter, HoldingsChannel reports. The fund owned 46,203 shares of the company’s stock after buying an additional 20,674 shares during the quarter. iShares S&P 500 Value ETF makes up approximately 0.9% of Ausdal Financial Partners Inc.’s investment portfolio, making the stock its 15th biggest holding. Ausdal Financial Partners Inc.’s holdings in iShares S&P 500 Value ETF were worth $9,110,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Palisade Asset Management LLC bought a new stake in shares of iShares S&P 500 Value ETF in the 1st quarter valued at approximately $26,000. Vima LLC bought a new stake in iShares S&P 500 Value ETF during the 4th quarter worth approximately $27,000. CarsonAllaria Wealth Management Ltd. grew its position in iShares S&P 500 Value ETF by 289.5% during the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock worth $28,000 after acquiring an additional 110 shares during the last quarter. Northwest Investment Counselors LLC bought a new stake in iShares S&P 500 Value ETF during the 1st quarter worth approximately $29,000. Finally, Fortis Group Advisors LLC grew its position in iShares S&P 500 Value ETF by 100.0% during the 4th quarter. Fortis Group Advisors LLC now owns 200 shares of the company’s stock worth $35,000 after acquiring an additional 100 shares during the last quarter.

iShares S&P 500 Value ETF Trading Up 0.7 %

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

iShares S&P 500 Value ETF 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.