WealthPoint Financial LLC Acquires New Stake in iShares S&P 500 Value ETF $IVE

WealthPoint Financial LLC purchased a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 22,661 shares of the company’s stock, valued at approximately $4,806,000. iShares S&P 500 Value ETF accounts for approximately 4.2% of WealthPoint Financial LLC’s portfolio, making the stock its 3rd biggest holding.

Other large investors also recently added to or reduced their stakes in the company. Van Diest Capital LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter valued at $291,000. Birchwood Financial Partners Inc. purchased a new position in iShares S&P 500 Value ETF during the 4th quarter valued at about $36,000. Corient Private Wealth LLC grew its holdings in iShares S&P 500 Value ETF by 141.4% during the 4th quarter. Corient Private Wealth LLC now owns 114,265 shares of the company’s stock valued at $24,230,000 after buying an additional 66,921 shares in the last quarter. Strive Financial Group LLC bought a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter valued at about $30,000. Finally, High Falls Advisors Inc increased its position in shares of iShares S&P 500 Value ETF by 42.1% during the fourth quarter. High Falls Advisors Inc now owns 166,772 shares of the company’s stock valued at $35,367,000 after buying an additional 49,419 shares during the period.

iShares S&P 500 Value ETF Trading Up 0.3%

iShares S&P 500 Value ETF stock opened at $226.38 on Friday. iShares S&P 500 Value ETF has a 1-year low of $189.67 and a 1-year high of $230.05. The firm has a market capitalization of $49.98 billion, a PE ratio of 20.70 and a beta of 0.82. The firm’s 50 day simple moving average is $223.94 and its 200 day simple moving average is $218.35.

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. 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.