Pure Financial Advisors Inc. Has $8.20 Million Stake in iShares S&P 500 Value ETF (IVE)

Pure Financial Advisors Inc. lifted its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 68.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 81,028 shares of the company’s stock after purchasing an additional 33,048 shares during the quarter. iShares S&P 500 Value ETF accounts for approximately 1.7% of Pure Financial Advisors Inc.’s holdings, making the stock its 18th biggest holding. Pure Financial Advisors Inc. owned approximately 0.06% of iShares S&P 500 Value ETF worth $8,195,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of IVE. Litman Gregory Asset Management LLC increased its stake in iShares S&P 500 Value ETF by 1,401.3% during the 3rd quarter. Litman Gregory Asset Management LLC now owns 1,126 shares of the company’s stock worth $130,000 after purchasing an additional 1,051 shares in the last quarter. WealthTrust Arizona LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the 3rd quarter valued at approximately $142,000. Palo Capital Inc. acquired a new stake in shares of iShares S&P 500 Value ETF in the 3rd quarter valued at approximately $149,000. Simplex Trading LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the 3rd quarter valued at approximately $176,000. Finally, Centaurus Financial Inc. acquired a new stake in shares of iShares S&P 500 Value ETF in the 2nd quarter valued at approximately $201,000.

Shares of NYSEARCA IVE traded up $0.06 during trading hours on Friday, hitting $104.85. The company had a trading volume of 37,800 shares, compared to its average volume of 2,613,766. iShares S&P 500 Value ETF has a 1-year low of $94.72 and a 1-year high of $121.12.

The firm also recently declared a quarterly dividend, which was paid on Friday, December 21st. Shareholders of record on Tuesday, December 18th were issued a dividend of $0.7385 per share. This is an increase from iShares S&P 500 Value ETF’s previous quarterly dividend of $0.68. The ex-dividend date was Monday, December 17th. This represents a $2.95 annualized dividend and a yield of 2.82%.

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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.

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Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

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