iShares S&P 500 Value ETF $IVE Shares Acquired by West Wealth Group LLC

West Wealth Group LLC raised its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.0% during the third quarter, Holdings Channel reports. The fund owned 259,301 shares of the company’s stock after buying an additional 10,003 shares during the period. iShares S&P 500 Value ETF makes up approximately 6.3% of West Wealth Group LLC’s portfolio, making the stock its 4th largest position. West Wealth Group LLC’s holdings in iShares S&P 500 Value ETF were worth $59,193,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Bank of America Corp DE grew its position 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 acquiring an additional 182,358 shares during the period. Lido Advisors LLC increased its stake in shares of iShares S&P 500 Value ETF by 4.4% during the 1st 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 during the last quarter. Royal Bank of Canada raised its holdings in shares of iShares S&P 500 Value ETF by 3.6% in the 1st 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 during the period. Cassaday & Co Wealth Management LLC raised its holdings in shares of iShares S&P 500 Value ETF by 3.8% in the 1st 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 during the period. Finally, Sofi Wealth LLC raised its holdings in shares of iShares S&P 500 Value ETF by 0.4% in the 1st quarter. Sofi Wealth LLC now owns 979,965 shares of the company’s stock worth $206,920,000 after purchasing an additional 4,340 shares during the period.

iShares S&P 500 Value ETF Trading Down 0.0%

iShares S&P 500 Value ETF stock opened at $234.06 on Thursday. iShares S&P 500 Value ETF has a 12 month low of $203.15 and a 12 month high of $239.93. The business’s 50 day simple moving average is $234.40 and its 200 day simple moving average is $228.37. The company has a market cap of $49.53 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.