LifeSteps Financial Inc. Acquires 5,281 Shares of iShares S&P 500 Value ETF $IVE

LifeSteps Financial Inc. grew its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 348.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,797 shares of the company’s stock after purchasing an additional 5,281 shares during the period. LifeSteps Financial Inc.’s holdings in iShares S&P 500 Value ETF were worth $1,552,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Turtle Creek Wealth Advisors LLC grew its stake in shares of iShares S&P 500 Value ETF by 2.2% in the third quarter. Turtle Creek Wealth Advisors LLC now owns 8,151 shares of the company’s stock worth $1,861,000 after acquiring an additional 178 shares in the last quarter. WealthPlan Investment Management LLC raised its stake in shares of iShares S&P 500 Value ETF by 3.6% in the third quarter. WealthPlan Investment Management LLC now owns 108,660 shares of the company’s stock valued at $24,805,000 after acquiring an additional 3,762 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its stake in shares of iShares S&P 500 Value ETF by 14.7% in the third quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 200,049 shares of the company’s stock valued at $45,667,000 after acquiring an additional 25,686 shares in the last quarter. Financial Life Advisors raised its stake in shares of iShares S&P 500 Value ETF by 1.9% in the third quarter. Financial Life Advisors now owns 166,034 shares of the company’s stock valued at $37,902,000 after acquiring an additional 3,064 shares in the last quarter. Finally, Orgel Wealth Management LLC boosted its holdings in iShares S&P 500 Value ETF by 4.9% in the third quarter. Orgel Wealth Management LLC now owns 8,860 shares of the company’s stock valued at $2,023,000 after purchasing an additional 417 shares during the period.

iShares S&P 500 Value ETF Trading Up 0.6%

NYSEARCA:IVE traded up $1.48 during midday trading on Thursday, reaching $235.54. The company had a trading volume of 453,511 shares, compared to its average volume of 934,914. iShares S&P 500 Value ETF has a 12-month low of $203.15 and a 12-month high of $239.93. The firm has a market capitalization of $49.84 billion, a price-to-earnings ratio of 20.70 and a beta of 0.83. The stock’s fifty day simple moving average is $234.40 and its 200-day simple moving average is $228.37.

iShares S&P 500 Value ETF 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.