Twin Peaks Wealth Advisors LLC Increases Holdings in iShares S&P 500 Value ETF $IVE

Twin Peaks Wealth Advisors LLC boosted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 10.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,925 shares of the company’s stock after purchasing an additional 3,000 shares during the period. iShares S&P 500 Value ETF makes up about 2.3% of Twin Peaks Wealth Advisors LLC’s investment portfolio, making the stock its 13th biggest holding. Twin Peaks Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $6,593,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Triad Wealth Partners LLC boosted its position in shares of iShares S&P 500 Value ETF by 29.0% in the third quarter. Triad Wealth Partners LLC now owns 114,533 shares of the company’s stock worth $23,652,000 after buying an additional 25,751 shares during the period. Shared Vision Wealth Group LLC raised its holdings in shares of iShares S&P 500 Value ETF by 9.0% during the 3rd quarter. Shared Vision Wealth Group LLC now owns 26,195 shares of the company’s stock valued at $5,448,000 after buying an additional 2,170 shares during the period. Scissortail Wealth Management LLC raised its holdings in shares of iShares S&P 500 Value ETF by 14.3% during the 3rd quarter. Scissortail Wealth Management LLC now owns 65,066 shares of the company’s stock valued at $13,437,000 after buying an additional 8,144 shares during the period. Grey Fox Wealth Advisors LLC acquired a new position in iShares S&P 500 Value ETF during the 3rd quarter worth approximately $116,000. Finally, Middleton & Co. Inc. MA boosted its holdings in iShares S&P 500 Value ETF by 12.5% in the 3rd quarter. Middleton & Co. Inc. MA now owns 3,380 shares of the company’s stock worth $698,000 after acquiring an additional 375 shares during the period.

iShares S&P 500 Value ETF Stock Up 1.4%

Shares of NYSEARCA:IVE opened at $216.62 on Thursday. The company has a market capitalization of $48.91 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89. The company has a 50 day moving average of $212.54 and a two-hundred day moving average of $206.57. iShares S&P 500 Value ETF has a 52-week low of $165.45 and a 52-week high of $218.44.

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.