iShares S&P 500 Value ETF $IVE Shares Bought by WealthPlan Investment Management LLC

WealthPlan Investment Management LLC raised its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 108,660 shares of the company’s stock after purchasing an additional 3,762 shares during the period. iShares S&P 500 Value ETF accounts for about 1.2% of WealthPlan Investment Management LLC’s investment portfolio, making the stock its 26th largest position. WealthPlan Investment Management LLC owned approximately 0.05% of iShares S&P 500 Value ETF worth $24,805,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IVE. Bank of America Corp DE raised its holdings in shares of iShares S&P 500 Value ETF by 2.0% during the 1st quarter. Bank of America Corp DE now owns 9,457,775 shares of the company’s stock valued at $1,997,009,000 after purchasing an additional 182,358 shares in the last quarter. Lido Advisors LLC boosted its holdings in iShares S&P 500 Value ETF by 4.4% in the first quarter. Lido Advisors LLC now owns 1,944,079 shares of the company’s stock worth $410,493,000 after purchasing an additional 81,088 shares in the last quarter. Royal Bank of Canada boosted its holdings in iShares S&P 500 Value ETF by 3.6% in the first quarter. Royal Bank of Canada now owns 1,396,602 shares of the company’s stock worth $294,892,000 after purchasing an additional 48,869 shares in the last quarter. Cassaday & Co Wealth Management LLC boosted its holdings in iShares S&P 500 Value ETF by 3.8% in the first quarter. Cassaday & Co Wealth Management LLC now owns 1,197,963 shares of the company’s stock worth $252,950,000 after purchasing an additional 44,187 shares in the last quarter. Finally, Sofi Wealth LLC increased its position in iShares S&P 500 Value ETF by 0.4% during the first quarter. Sofi Wealth LLC now owns 979,965 shares of the company’s stock worth $206,920,000 after buying an additional 4,340 shares during the last quarter.

iShares S&P 500 Value ETF Trading Up 0.6%

iShares S&P 500 Value ETF stock traded up $1.43 during mid-day trading on Thursday, hitting $235.49. 421,504 shares of the company’s stock were exchanged, compared to its average volume of 934,596. iShares S&P 500 Value ETF has a 1-year low of $203.15 and a 1-year high of $239.93. The stock has a 50 day moving average of $234.40 and a two-hundred day moving average of $228.37. The stock has a market cap of $49.83 billion, a P/E ratio of 20.70 and a beta of 0.83.

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.