Brookstone Capital Management Has $3.19 Million Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

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Brookstone Capital Management increased its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,577 shares of the company’s stock after acquiring an additional 1,161 shares during the quarter. Brookstone Capital Management’s holdings in iShares S&P 500 Value ETF were worth $3,185,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. WestHill Financial Advisors Inc. acquired a new position in shares of iShares S&P 500 Value ETF in the third quarter worth approximately $32,000. Atwood & Palmer Inc. acquired a new position in iShares S&P 500 Value ETF in the third quarter valued at approximately $39,000. Activest Wealth Management acquired a new position in iShares S&P 500 Value ETF in the second quarter valued at approximately $51,000. CoreFirst Bank & Trust acquired a new position in iShares S&P 500 Value ETF in the second quarter valued at approximately $52,000. Finally, CVA Family Office LLC lifted its stake in iShares S&P 500 Value ETF by 153.9% in the third quarter. CVA Family Office LLC now owns 424 shares of the company’s stock valued at $48,000 after buying an additional 257 shares during the period.

Shares of IVE opened at $156.00 on Tuesday. iShares S&P 500 Value ETF has a 52-week low of $125.25 and a 52-week high of $156.03. The business’s 50 day moving average price is $152.62 and its two-hundred day moving average price is $150.10.

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.

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