Life Planning Partners Inc Invests $15.19 Million in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Life Planning Partners Inc purchased a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 4th quarter, Holdings Channel.com reports. The fund purchased 79,597 shares of the company’s stock, valued at approximately $15,193,000. iShares S&P 500 Value ETF makes up 2.1% of Life Planning Partners Inc’s investment portfolio, making the stock its 10th biggest holding.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kentucky Trust Co acquired a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter worth $29,000. Thurston Springer Miller Herd & Titak Inc. boosted its position in iShares S&P 500 Value ETF by 100.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock worth $29,000 after purchasing an additional 76 shares during the period. Providence First Trust Co acquired a new stake in iShares S&P 500 Value ETF in the 4th quarter valued at $31,000. Centricity Wealth Management LLC purchased a new position in iShares S&P 500 Value ETF in the fourth quarter valued at about $34,000. Finally, Perkins Coie Trust Co acquired a new position in shares of iShares S&P 500 Value ETF during the fourth quarter worth about $35,000.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA IVE opened at $188.79 on Friday. The company has a market capitalization of $36.76 billion, a price-to-earnings ratio of 21.80 and a beta of 0.94. iShares S&P 500 Value ETF has a 1-year low of $176.09 and a 1-year high of $206.63. The business has a 50-day moving average of $194.16 and a 200-day moving average of $195.97.

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.