Lido Advisors LLC Purchases 122,809 Shares of iShares S&P 500 Value ETF $IVE

Lido Advisors LLC grew its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,252,447 shares of the company’s stock after purchasing an additional 122,809 shares during the quarter. iShares S&P 500 Value ETF makes up about 1.3% of Lido Advisors LLC’s portfolio, making the stock its 10th biggest holding. Lido Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $514,190,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. RMG Wealth Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the first quarter worth $27,000. Curry Webb Wealth Management LLC purchased a new position in shares of iShares S&P 500 Value ETF in the third quarter worth about $28,000. Next Level Wealth Planning LLC purchased a new position in shares of iShares S&P 500 Value ETF in the third quarter worth about $34,000. First Bancorp Inc ME acquired a new position in iShares S&P 500 Value ETF during the second quarter worth about $45,000. Finally, William Mack & Associates Inc. acquired a new position in iShares S&P 500 Value ETF during the third quarter worth about $53,000.

iShares S&P 500 Value ETF Trading Up 0.1%

Shares of NYSEARCA IVE opened at $240.60 on Wednesday. iShares S&P 500 Value ETF has a 12-month low of $203.15 and a 12-month high of $244.72. The stock has a market cap of $51.27 billion, a PE ratio of 22.47 and a beta of 0.82. The company has a 50-day moving average of $235.00 and a 200 day moving average of $226.92.

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. 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.