iShares S&P 500 Value ETF $IVE Shares Acquired by Instrumental Wealth LLC

Instrumental Wealth LLC boosted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 66,287 shares of the company’s stock after buying an additional 3,537 shares during the period. iShares S&P 500 Value ETF accounts for approximately 9.8% of Instrumental Wealth LLC’s investment portfolio, making the stock its 3rd largest holding. Instrumental Wealth LLC’s holdings in iShares S&P 500 Value ETF were worth $13,810,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. United Services Automobile Association bought a new position in shares of iShares S&P 500 Value ETF during the second quarter worth about $26,000. Harbor Asset Planning Inc. acquired a new position in iShares S&P 500 Value ETF during the 2nd quarter valued at about $30,000. Tripletail Wealth Management LLC acquired a new position in iShares S&P 500 Value ETF during the 3rd quarter valued at about $37,000. Rossmore Private Capital bought a new position in iShares S&P 500 Value ETF in the 3rd quarter worth about $44,000. Finally, Steigerwald Gordon & Koch Inc. acquired a new stake in shares of iShares S&P 500 Value ETF in the third quarter valued at approximately $57,000.

iShares S&P 500 Value ETF Trading Down 0.4%

IVE opened at $216.35 on Monday. The business’s 50 day moving average is $212.82 and its 200-day moving average is $206.91. The stock has a market cap of $48.91 billion, a PE ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a twelve month low of $165.45 and a twelve month high of $218.44.

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.