Twin Peaks Wealth Advisors LLC Has $2.61 Million Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Twin Peaks Wealth Advisors LLC lifted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 15.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,669 shares of the company’s stock after acquiring an additional 1,873 shares during the period. iShares S&P 500 Value ETF makes up 1.1% of Twin Peaks Wealth Advisors LLC’s portfolio, making the stock its 26th largest holding. Twin Peaks Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $2,609,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of IVE. USA Financial Formulas bought a new position in iShares S&P 500 Value ETF during the fourth quarter valued at about $77,191,000. PNC Financial Services Group Inc. lifted its position in iShares S&P 500 Value ETF by 7.6% in the third quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock worth $389,537,000 after purchasing an additional 139,651 shares during the period. Kovitz Investment Group Partners LLC boosted 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 increased its holdings in 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 buying an additional 105,334 shares during the period. Finally, Serenus Wealth Advisors LLC acquired a new position in shares of iShares S&P 500 Value ETF in the 4th quarter valued at $17,882,000.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA:IVE opened at $196.65 on Tuesday. iShares S&P 500 Value ETF has a 52 week low of $176.09 and a 52 week high of $206.63. The company has a 50-day moving average of $194.13 and a 200-day moving average of $196.02. The company has a market capitalization of $35.87 billion, a price-to-earnings ratio of 22.47 and a beta of 0.95.

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.