iShares S&P 500 Value ETF $IVE is PAX Financial Group LLC’s 7th Largest Position

PAX Financial Group LLC grew its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 11.7% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 86,491 shares of the company’s stock after purchasing an additional 9,053 shares during the period. iShares S&P 500 Value ETF makes up about 3.2% of PAX Financial Group LLC’s investment portfolio, making the stock its 7th largest position. PAX Financial Group LLC’s holdings in iShares S&P 500 Value ETF were worth $17,861,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the company. Dumont & Blake Investment Advisors LLC grew its stake in shares of iShares S&P 500 Value ETF by 0.5% during the third quarter. Dumont & Blake Investment Advisors LLC now owns 10,795 shares of the company’s stock valued at $2,229,000 after acquiring an additional 49 shares in the last quarter. Signal Advisors Wealth LLC grew its stake in iShares S&P 500 Value ETF by 0.6% during the 3rd quarter. Signal Advisors Wealth LLC now owns 9,010 shares of the company’s stock valued at $1,861,000 after purchasing an additional 51 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC grew its stake in iShares S&P 500 Value ETF by 2.2% during the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,749 shares of the company’s stock valued at $537,000 after purchasing an additional 59 shares in the last quarter. CPC Advisors LLC increased its holdings in iShares S&P 500 Value ETF by 4.9% during the 3rd quarter. CPC Advisors LLC now owns 1,255 shares of the company’s stock worth $259,000 after purchasing an additional 59 shares during the last quarter. Finally, Pinnacle Associates Ltd. raised its position in shares of iShares S&P 500 Value ETF by 0.8% in the 2nd quarter. Pinnacle Associates Ltd. now owns 8,323 shares of the company’s stock valued at $1,626,000 after purchasing an additional 62 shares in the last quarter.

iShares S&P 500 Value ETF Trading Up 0.3%

iShares S&P 500 Value ETF stock opened at $217.24 on Friday. iShares S&P 500 Value ETF has a 52 week low of $165.45 and a 52 week high of $218.44. The stock has a market cap of $49.14 billion, a P/E ratio of 20.70 and a beta of 0.89. The stock has a 50 day moving average of $213.92 and a 200-day moving average of $207.52.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.