SMART Wealth LLC Buys 6,128 Shares of iShares S&P 500 Value ETF $IVE

SMART Wealth LLC grew its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 154.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,087 shares of the company’s stock after buying an additional 6,128 shares during the period. SMART Wealth LLC’s holdings in iShares S&P 500 Value ETF were worth $2,290,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Trek Financial LLC grew its holdings in shares of iShares S&P 500 Value ETF by 48.3% in the 4th quarter. Trek Financial LLC now owns 120,030 shares of the company’s stock valued at $25,455,000 after buying an additional 39,068 shares during the period. M Holdings Securities Inc. bought a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter valued at $2,929,000. PAX Financial Group LLC raised its stake in iShares S&P 500 Value ETF by 3.3% during the 1st quarter. PAX Financial Group LLC now owns 144,883 shares of the company’s stock worth $30,592,000 after buying an additional 4,640 shares during the period. Tradition Wealth Management LLC raised its stake in iShares S&P 500 Value ETF by 48.0% during the 4th quarter. Tradition Wealth Management LLC now owns 37,344 shares of the company’s stock worth $7,919,000 after buying an additional 12,114 shares during the period. Finally, Cambridge Investment Research Advisors Inc. lifted its holdings in iShares S&P 500 Value ETF by 21.4% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 514,397 shares of the company’s stock worth $109,088,000 after acquiring an additional 90,770 shares in the last quarter.

iShares S&P 500 Value ETF Trading Down 0.7%

NYSEARCA:IVE opened at $236.80 on Friday. iShares S&P 500 Value ETF has a 1 year low of $201.22 and a 1 year high of $239.93. The stock has a market cap of $50.05 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. The stock has a 50-day moving average price of $233.58 and a two-hundred day moving average price of $225.12.

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. 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.