Processus Wealth & Capital Management LLC Has $791,000 Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Processus Wealth & Capital Management LLC grew its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,146 shares of the company’s stock after buying an additional 287 shares during the quarter. Processus Wealth & Capital Management LLC’s holdings in iShares S&P 500 Value ETF were worth $791,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. USA Financial Formulas acquired a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at $77,191,000. PNC Financial Services Group Inc. grew its stake in iShares S&P 500 Value ETF by 7.6% during the third quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock worth $389,537,000 after buying an additional 139,651 shares in the last quarter. Kovitz Investment Group Partners LLC grew its stake in iShares S&P 500 Value ETF by 28.7% during the third quarter. Kovitz Investment Group Partners LLC now owns 613,456 shares of the company’s stock worth $120,955,000 after buying an additional 136,769 shares in the last quarter. World Investment Advisors LLC boosted its stake in shares of iShares S&P 500 Value ETF by 1,511.5% in the 3rd quarter. World Investment Advisors LLC now owns 112,303 shares of the company’s stock valued at $22,220,000 after purchasing an additional 105,334 shares in the last quarter. Finally, Serenus Wealth Advisors LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter valued at approximately $17,882,000.

iShares S&P 500 Value ETF Price Performance

NYSEARCA:IVE opened at $196.65 on Tuesday. The firm’s 50 day simple moving average is $194.13 and its 200 day simple moving average is $196.02. iShares S&P 500 Value ETF has a one year low of $176.09 and a one year high of $206.63. The company has a market cap of $35.87 billion, a PE ratio of 22.47 and a beta of 0.95.

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.