Wealthspire Advisors LLC Boosts Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Wealthspire Advisors LLC grew its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 11.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 30,812 shares of the company’s stock after purchasing an additional 3,222 shares during the quarter. Wealthspire Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $5,358,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of IVE. Bank of New York Mellon Corp raised its holdings in shares of iShares S&P 500 Value ETF by 4.1% in the 3rd quarter. Bank of New York Mellon Corp now owns 61,311 shares of the company’s stock valued at $9,432,000 after purchasing an additional 2,420 shares in the last quarter. CENTRAL TRUST Co raised its holdings in shares of iShares S&P 500 Value ETF by 5.1% in the 3rd quarter. CENTRAL TRUST Co now owns 4,461 shares of the company’s stock valued at $686,000 after purchasing an additional 218 shares in the last quarter. Detalus Advisors LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the 3rd quarter valued at $5,942,000. TIAA Trust National Association purchased a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter valued at $2,711,000. Finally, Capital Advisors Ltd. LLC grew its position in shares of iShares S&P 500 Value ETF by 9.6% in the 3rd quarter. Capital Advisors Ltd. LLC now owns 30,972 shares of the company’s stock valued at $4,765,000 after buying an additional 2,718 shares during the last quarter.

iShares S&P 500 Value ETF Trading Up 0.1 %

Shares of NYSEARCA IVE traded up $0.20 during mid-day trading on Wednesday, reaching $182.16. The company had a trading volume of 322,524 shares, compared to its average volume of 935,388. The firm has a 50 day simple moving average of $181.63 and a two-hundred day simple moving average of $173.22. The stock has a market cap of $32.63 billion, a P/E ratio of 23.38 and a beta of 0.84. iShares S&P 500 Value ETF has a 52-week low of $147.23 and a 52-week high of $187.24.

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.