WealthPlan Investment Management LLC Has $21.06 Million Stake in iShares S&P 500 Value ETF $IVE

WealthPlan Investment Management LLC lifted its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 99,316 shares of the company’s stock after purchasing an additional 4,119 shares during the period. iShares S&P 500 Value ETF accounts for 1.3% of WealthPlan Investment Management LLC’s holdings, making the stock its 13th biggest position. WealthPlan Investment Management LLC’s holdings in iShares S&P 500 Value ETF were worth $21,062,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. AlphaCore Capital LLC raised its position in shares of iShares S&P 500 Value ETF by 4.2% during the fourth quarter. AlphaCore Capital LLC now owns 19,095 shares of the company’s stock worth $4,049,000 after purchasing an additional 773 shares during the period. PAX Financial Group LLC raised its position in shares of iShares S&P 500 Value ETF by 62.1% during the fourth quarter. PAX Financial Group LLC now owns 140,243 shares of the company’s stock worth $29,741,000 after purchasing an additional 53,752 shares during the period. Bedminster LLC acquired a new position in shares of iShares S&P 500 Value ETF during the fourth quarter worth approximately $265,000. Paulson Wealth Management Inc. acquired a new position in shares of iShares S&P 500 Value ETF during the fourth quarter worth approximately $263,000. Finally, Legacy Financial Group LLC raised its position in shares of iShares S&P 500 Value ETF by 46.2% during the fourth quarter. Legacy Financial Group LLC now owns 104,426 shares of the company’s stock worth $23,081,000 after purchasing an additional 33,019 shares during the period.

iShares S&P 500 Value ETF Stock Down 0.8%

Shares of NYSEARCA:IVE opened at $223.45 on Friday. iShares S&P 500 Value ETF has a twelve month low of $185.34 and a twelve month high of $225.90. The stock’s 50 day moving average is $216.67 and its 200-day moving average is $215.21. The firm has a market capitalization of $49.34 billion, a price-to-earnings ratio of 20.70 and a beta of 0.83.

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.