Mission Wealth Management LP Increases Stock Holdings in iShares S&P 500 Value ETF $IVE

Mission Wealth Management LP grew its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 51.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 13,824 shares of the company’s stock after purchasing an additional 4,685 shares during the quarter. Mission Wealth Management LP’s holdings in iShares S&P 500 Value ETF were worth $3,139,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. Sowell Financial Services LLC boosted its position in iShares S&P 500 Value ETF by 2.1% in the 2nd quarter. Sowell Financial Services LLC now owns 18,862 shares of the company’s stock valued at $4,283,000 after buying an additional 383 shares during the period. G&S Capital LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the second quarter worth $3,602,000. Diversified Management Inc. increased its position in shares of iShares S&P 500 Value ETF by 33.1% during the second quarter. Diversified Management Inc. now owns 1,446 shares of the company’s stock worth $328,000 after acquiring an additional 360 shares during the period. Clarus Wealth Advisors raised its stake in shares of iShares S&P 500 Value ETF by 1.6% in the second quarter. Clarus Wealth Advisors now owns 24,583 shares of the company’s stock valued at $5,627,000 after acquiring an additional 387 shares in the last quarter. Finally, Spinnaker Investment Group LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the second quarter valued at $650,000.

iShares S&P 500 Value ETF Trading Up 0.1%

NYSEARCA:IVE opened at $236.60 on Thursday. iShares S&P 500 Value ETF has a 12-month low of $200.52 and a 12-month high of $236.97. The firm has a market cap of $50.01 billion, a PE ratio of 20.70 and a beta of 0.82. The stock has a fifty day moving average price of $230.07 and a 200 day moving average price of $222.99.

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. 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.