Sofi Wealth LLC Has $206.92 Million Stake in iShares S&P 500 Value ETF $IVE

Sofi Wealth LLC lifted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 979,965 shares of the company’s stock after purchasing an additional 4,340 shares during the period. iShares S&P 500 Value ETF accounts for about 10.0% of Sofi Wealth LLC’s investment portfolio, making the stock its 5th biggest holding. Sofi Wealth LLC owned about 0.44% of iShares S&P 500 Value ETF worth $206,920,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently modified their holdings of the stock. JPMorgan Chase & Co. raised its stake in iShares S&P 500 Value ETF by 4.6% in the fourth quarter. JPMorgan Chase & Co. now owns 18,748,246 shares of the company’s stock worth $3,975,941,000 after buying an additional 821,872 shares in the last quarter. Morgan Stanley boosted its position in iShares S&P 500 Value ETF by 7.5% during the 4th quarter. Morgan Stanley now owns 15,278,856 shares of the company’s stock valued at $3,240,188,000 after acquiring an additional 1,068,945 shares in the last quarter. Wells Fargo & Company MN boosted its position in iShares S&P 500 Value ETF by 2.0% during the 4th quarter. Wells Fargo & Company MN now owns 6,264,139 shares of the company’s stock valued at $1,328,436,000 after acquiring an additional 120,153 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of iShares S&P 500 Value ETF by 22.5% during the 4th quarter. Cetera Investment Advisers now owns 3,409,979 shares of the company’s stock worth $723,154,000 after acquiring an additional 627,109 shares during the period. Finally, Stifel Financial Corp grew its holdings in shares of iShares S&P 500 Value ETF by 7.6% during the 4th quarter. Stifel Financial Corp now owns 3,250,570 shares of the company’s stock worth $689,349,000 after acquiring an additional 230,880 shares during the period.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:IVE opened at $232.35 on Friday. The firm has a market capitalization of $49.10 billion, a P/E ratio of 20.70 and a beta of 0.82. The stock has a 50 day moving average price of $227.44 and a 200-day moving average price of $220.63. iShares S&P 500 Value ETF has a 52-week low of $193.90 and a 52-week high of $232.42.

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. 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.