One Wealth Advisors LLC lifted its position in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 39.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 133,456 shares of the company’s stock after purchasing an additional 37,459 shares during the quarter. iShares S&P 500 Value ETF comprises about 3.5% of One Wealth Advisors LLC’s investment portfolio, making the stock its 4th biggest holding. One Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $28,302,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Great Point Wealth Advisors LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter worth about $2,478,000. Detalus Advisors LLC grew its position in shares of iShares S&P 500 Value ETF by 3.6% during the 3rd quarter. Detalus Advisors LLC now owns 84,033 shares of the company’s stock valued at $17,354,000 after acquiring an additional 2,909 shares during the period. BIP Wealth LLC increased its stake in shares of iShares S&P 500 Value ETF by 185.4% in the 3rd quarter. BIP Wealth LLC now owns 6,001 shares of the company’s stock valued at $1,239,000 after purchasing an additional 3,898 shares in the last quarter. Arkadios Wealth Advisors raised its holdings in iShares S&P 500 Value ETF by 7.1% in the 3rd quarter. Arkadios Wealth Advisors now owns 61,315 shares of the company’s stock worth $12,662,000 after purchasing an additional 4,048 shares during the period. Finally, Centurion Wealth Management LLC raised its holdings in iShares S&P 500 Value ETF by 24.7% in the 4th quarter. Centurion Wealth Management LLC now owns 24,643 shares of the company’s stock worth $5,226,000 after purchasing an additional 4,876 shares during the period.
iShares S&P 500 Value ETF Trading Down 0.1%
Shares of IVE stock opened at $223.51 on Friday. iShares S&P 500 Value ETF has a 12-month low of $183.05 and a 12-month high of $225.26. The business’s 50 day moving average is $216.09 and its two-hundred day moving average is $214.08. The company has a market capitalization of $49.35 billion, a P/E ratio of 20.70 and a beta of 0.83.
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.
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