Resolute Wealth Strategies LLC Acquires 1,005 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Resolute Wealth Strategies LLC raised its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 40,485 shares of the company’s stock after purchasing an additional 1,005 shares during the quarter. iShares S&P 500 Value ETF comprises 4.8% of Resolute Wealth Strategies LLC’s investment portfolio, making the stock its 4th biggest position. Resolute Wealth Strategies LLC’s holdings in iShares S&P 500 Value ETF were worth $7,040,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of IVE. Royal Fund Management LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 336.5% in the 4th quarter. Royal Fund Management LLC now owns 62,802 shares of the company’s stock worth $10,933,000 after acquiring an additional 48,416 shares during the last quarter. Sapient Capital LLC acquired a new position in shares of iShares S&P 500 Value ETF in the 4th quarter worth approximately $5,242,000. W Advisors LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 2.3% in the 4th quarter. W Advisors LLC now owns 21,457 shares of the company’s stock worth $3,731,000 after acquiring an additional 483 shares during the last quarter. Merit Financial Group LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 12.0% in the 4th quarter. Merit Financial Group LLC now owns 2,176 shares of the company’s stock worth $378,000 after acquiring an additional 234 shares during the last quarter. Finally, Bare Financial Services Inc acquired a new position in shares of iShares S&P 500 Value ETF in the 4th quarter worth approximately $3,003,000.

iShares S&P 500 Value ETF Trading Up 0.5 %

IVE traded up $0.96 during trading hours on Friday, hitting $180.32. 762,738 shares of the company’s stock were exchanged, compared to its average volume of 949,120. iShares S&P 500 Value ETF has a 12-month low of $147.23 and a 12-month high of $187.24. The firm has a 50 day moving average of $181.52 and a 200 day moving average of $172.54. The firm has a market cap of $32.30 billion, a P/E ratio of 23.38 and a beta of 0.84.

iShares S&P 500 Value ETF Company 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.