Axxcess Wealth Management LLC Increases Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Axxcess Wealth Management LLC boosted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 31.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 14,286 shares of the company’s stock after buying an additional 3,458 shares during the quarter. Axxcess Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $2,727,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of iShares S&P 500 Value ETF by 100.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after purchasing an additional 76 shares during the last quarter. Kentucky Trust Co bought a new stake in iShares S&P 500 Value ETF in the 4th quarter worth about $29,000. Providence First Trust Co purchased a new stake in iShares S&P 500 Value ETF in the 4th quarter valued at about $31,000. Centricity Wealth Management LLC bought a new position in shares of iShares S&P 500 Value ETF during the 4th quarter worth approximately $34,000. Finally, Perkins Coie Trust Co purchased a new position in shares of iShares S&P 500 Value ETF in the 4th quarter worth approximately $35,000.

iShares S&P 500 Value ETF Trading Down 0.8 %

Shares of IVE opened at $189.43 on Wednesday. The stock has a 50 day moving average of $194.23 and a 200 day moving average of $196.14. The company has a market capitalization of $36.80 billion, a price-to-earnings ratio of 22.06 and a beta of 0.94. iShares S&P 500 Value ETF has a 12 month low of $176.09 and a 12 month high of $206.63.

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.