Simplicity Wealth LLC Acquires 25,994 Shares of iShares S&P 500 Value ETF $IVE

Simplicity Wealth LLC lifted its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 119.0% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 47,842 shares of the company’s stock after purchasing an additional 25,994 shares during the period. Simplicity Wealth LLC’s holdings in iShares S&P 500 Value ETF were worth $9,349,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Cloud Capital Management LLC bought a new position in shares of iShares S&P 500 Value ETF in the first quarter worth about $27,000. Mowery & Schoenfeld Wealth Management LLC bought a new position in shares of iShares S&P 500 Value ETF in the first quarter worth about $29,000. Nemes Rush Group LLC raised its stake in shares of iShares S&P 500 Value ETF by 625.0% in the first quarter. Nemes Rush Group LLC now owns 174 shares of the company’s stock worth $33,000 after acquiring an additional 150 shares during the last quarter. Flaharty Asset Management LLC bought a new position in shares of iShares S&P 500 Value ETF in the first quarter worth about $33,000. Finally, IMG Wealth Management Inc. bought a new position in shares of iShares S&P 500 Value ETF in the first quarter worth about $34,000.

iShares S&P 500 Value ETF Trading Up 0.4%

Shares of NYSEARCA IVE opened at $207.84 on Friday. iShares S&P 500 Value ETF has a 1-year low of $165.45 and a 1-year high of $208.86. The company has a market cap of $41.99 billion, a PE ratio of 20.70 and a beta of 0.94. The company has a 50-day moving average of $202.31 and a two-hundred day moving average of $193.45.

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.