Fairvoy Private Wealth LLC Purchases 9,004 Shares of iShares S&P 500 Value ETF $IVE

Fairvoy Private Wealth LLC boosted its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 414.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,178 shares of the company’s stock after buying an additional 9,004 shares during the period. Fairvoy Private Wealth LLC’s holdings in iShares S&P 500 Value ETF were worth $2,360,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Simplex Trading LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter worth approximately $25,000. Hilton Head Capital Partners LLC bought a new position in shares of iShares S&P 500 Value ETF during the 4th quarter valued at approximately $25,000. Decker Retirement Planning Inc. purchased a new position in shares of iShares S&P 500 Value ETF in the fourth quarter valued at $26,000. United Services Automobile Association purchased a new position in shares of iShares S&P 500 Value ETF in the second quarter valued at $26,000. Finally, Palisade Asset Management LLC purchased a new position in shares of iShares S&P 500 Value ETF in the third quarter valued at $29,000.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE opened at $226.09 on Friday. The stock has a market capitalization of $49.92 billion, a PE ratio of 20.70 and a beta of 0.82. The company’s fifty day moving average is $224.91 and its 200 day moving average is $218.86. iShares S&P 500 Value ETF has a fifty-two week low of $192.90 and a fifty-two week high of $230.05.

iShares S&P 500 Value ETF Company 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.