Plancorp LLC Acquires 81,255 Shares of iShares S&P 500 Value ETF $IVE

Plancorp LLC lifted its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 116.1% in the third quarter, HoldingsChannel reports. The firm owned 151,218 shares of the company’s stock after acquiring an additional 81,255 shares during the period. iShares S&P 500 Value ETF makes up about 0.8% of Plancorp LLC’s portfolio, making the stock its 20th biggest holding. Plancorp LLC’s holdings in iShares S&P 500 Value ETF were worth $36,221,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Krilogy Financial LLC lifted its position in shares of iShares S&P 500 Value ETF by 52.0% in the third quarter. Krilogy Financial LLC now owns 10,291 shares of the company’s stock valued at $2,407,000 after acquiring an additional 3,522 shares in the last quarter. CX Institutional boosted its stake in shares of iShares S&P 500 Value ETF by 7.4% during the third quarter. CX Institutional now owns 215,726 shares of the company’s stock valued at $49,246,000 after acquiring an additional 14,951 shares during the last quarter. Amundi boosted its stake in shares of iShares S&P 500 Value ETF by 18.1% during the second quarter. Amundi now owns 59,900 shares of the company’s stock valued at $13,601,000 after acquiring an additional 9,200 shares during the last quarter. Soltis Investment Advisors LLC increased its position in iShares S&P 500 Value ETF by 11.9% during the 3rd quarter. Soltis Investment Advisors LLC now owns 41,801 shares of the company’s stock worth $9,542,000 after purchasing an additional 4,440 shares in the last quarter. Finally, Matrix Private Capital Group LLC purchased a new stake in iShares S&P 500 Value ETF during the 1st quarter worth about $958,000.

iShares S&P 500 Value ETF Stock Performance

iShares S&P 500 Value ETF stock traded down $0.95 during midday trading on Friday, reaching $235.53. 895,428 shares of the company were exchanged, compared to its average volume of 935,028. The firm’s 50-day simple moving average is $234.86 and its 200-day simple moving average is $226.68. iShares S&P 500 Value ETF has a 1 year low of $203.15 and a 1 year high of $244.72. The company has a market capitalization of $50.06 billion, a price-to-earnings ratio of 22.47 and a beta of 0.82.

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.