Spectrum Planning & Advisory Services Inc. Buys 1,534 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Spectrum Planning & Advisory Services Inc. lifted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 21,028 shares of the company’s stock after buying an additional 1,534 shares during the quarter. iShares S&P 500 Value ETF comprises about 3.5% of Spectrum Planning & Advisory Services Inc.’s portfolio, making the stock its 10th largest holding. Spectrum Planning & Advisory Services Inc.’s holdings in iShares S&P 500 Value ETF were worth $4,014,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of IVE. Chesapeake Wealth Management boosted its stake in iShares S&P 500 Value ETF by 3.8% during the third quarter. Chesapeake Wealth Management now owns 1,382 shares of the company’s stock worth $272,000 after acquiring an additional 50 shares in the last quarter. West Coast Financial LLC raised its holdings in shares of iShares S&P 500 Value ETF by 0.3% during the fourth quarter. West Coast Financial LLC now owns 16,432 shares of the company’s stock valued at $3,137,000 after purchasing an additional 53 shares during the period. SWP Financial LLC boosted its position in shares of iShares S&P 500 Value ETF by 0.4% during the 4th quarter. SWP Financial LLC now owns 12,799 shares of the company’s stock worth $2,443,000 after purchasing an additional 54 shares in the last quarter. GDS Wealth Management grew its stake in shares of iShares S&P 500 Value ETF by 3.3% in the 3rd quarter. GDS Wealth Management now owns 1,765 shares of the company’s stock valued at $348,000 after buying an additional 56 shares during the period. Finally, Roble Belko & Company Inc increased its position in iShares S&P 500 Value ETF by 0.5% in the 4th quarter. Roble Belko & Company Inc now owns 11,238 shares of the company’s stock valued at $2,145,000 after buying an additional 57 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:IVE opened at $197.53 on Wednesday. iShares S&P 500 Value ETF has a 52-week low of $173.01 and a 52-week high of $206.63. The business’s 50 day simple moving average is $196.34 and its two-hundred day simple moving average is $194.72. The firm has a market cap of $35.39 billion, a P/E ratio of 23.79 and a beta of 0.81.

About iShares S&P 500 Value ETF

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.