Blue Trust Inc. Raises Stock Position in iShares S&P 500 Value ETF $IVE

Blue Trust Inc. grew its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 23.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 109,641 shares of the company’s stock after acquiring an additional 20,964 shares during the period. Blue Trust Inc.’s holdings in iShares S&P 500 Value ETF were worth $23,252,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the business. FLP Wealth Management LLC lifted its stake in iShares S&P 500 Value ETF by 628.5% in the 3rd quarter. FLP Wealth Management LLC now owns 16,727 shares of the company’s stock worth $3,454,000 after purchasing an additional 14,431 shares in the last quarter. Great Point Wealth Advisors LLC purchased a new position in shares of iShares S&P 500 Value ETF during the third quarter valued at about $2,478,000. Detalus Advisors LLC grew its position in shares of iShares S&P 500 Value ETF by 3.6% during the third quarter. Detalus Advisors LLC now owns 84,033 shares of the company’s stock valued at $17,354,000 after purchasing an additional 2,909 shares in the last quarter. Curbstone Financial Management Corp bought a new stake in shares of iShares S&P 500 Value ETF in the third quarter worth about $564,000. Finally, BIP Wealth LLC increased its holdings in shares of iShares S&P 500 Value ETF by 185.4% in the third quarter. BIP Wealth LLC now owns 6,001 shares of the company’s stock worth $1,239,000 after purchasing an additional 3,898 shares during the last quarter.

iShares S&P 500 Value ETF Trading Up 0.2%

NYSEARCA:IVE opened at $211.49 on Thursday. The business’s 50-day moving average is $216.63 and its 200 day moving average is $212.33. iShares S&P 500 Value ETF has a 12 month low of $165.45 and a 12 month high of $223.05. The company has a market capitalization of $47.78 billion, a P/E ratio of 20.70 and a beta of 0.89.

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.