WealthPLAN Partners LLC Has $16.21 Million Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

WealthPLAN Partners LLC raised its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.3% in the second quarter, Holdings Channel reports. The firm owned 89,063 shares of the company’s stock after purchasing an additional 2,833 shares during the period. iShares S&P 500 Value ETF accounts for 1.7% of WealthPLAN Partners LLC’s investment portfolio, making the stock its 8th largest holding. WealthPLAN Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $16,210,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Cetera Investment Advisers grew its stake in shares of iShares S&P 500 Value ETF by 905.6% during the 1st quarter. Cetera Investment Advisers now owns 1,410,516 shares of the company’s stock worth $263,498,000 after acquiring an additional 1,270,256 shares during the period. Envestnet Portfolio Solutions Inc. grew its stake in shares of iShares S&P 500 Value ETF by 503.8% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 1,377,642 shares of the company’s stock worth $257,357,000 after acquiring an additional 1,149,497 shares during the period. CWM LLC grew its stake in shares of iShares S&P 500 Value ETF by 228.4% during the 1st quarter. CWM LLC now owns 1,496,348 shares of the company’s stock worth $279,533,000 after acquiring an additional 1,040,767 shares during the period. JPMorgan Chase & Co. grew its stake in shares of iShares S&P 500 Value ETF by 5.1% during the 1st quarter. JPMorgan Chase & Co. now owns 17,776,089 shares of the company’s stock worth $3,320,751,000 after acquiring an additional 861,704 shares during the period. Finally, Park Avenue Securities LLC grew its stake in shares of iShares S&P 500 Value ETF by 1,337.4% during the 1st quarter. Park Avenue Securities LLC now owns 902,534 shares of the company’s stock worth $168,602,000 after acquiring an additional 839,744 shares during the period.

iShares S&P 500 Value ETF Stock Performance

IVE stock opened at $195.80 on Tuesday. The company has a market capitalization of $35.08 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a fifty-two week low of $147.23 and a fifty-two week high of $196.36. The stock has a fifty day moving average of $189.67 and a 200-day moving average of $184.90.

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.