Gateway Wealth Partners LLC Acquires 945 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Gateway Wealth Partners LLC boosted its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 9.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,178 shares of the company’s stock after purchasing an additional 945 shares during the period. Gateway Wealth Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $2,134,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Signature Wealth Management Partners LLC lifted its stake in iShares S&P 500 Value ETF by 8.3% in the fourth quarter. Signature Wealth Management Partners LLC now owns 65,480 shares of the company’s stock worth $12,499,000 after purchasing an additional 5,025 shares during the last quarter. SteelPeak Wealth LLC lifted its stake in iShares S&P 500 Value ETF by 3.6% in the fourth quarter. SteelPeak Wealth LLC now owns 79,816 shares of the company’s stock worth $15,235,000 after purchasing an additional 2,809 shares during the last quarter. Mayflower Financial Advisors LLC lifted its stake in iShares S&P 500 Value ETF by 7.4% in the fourth quarter. Mayflower Financial Advisors LLC now owns 30,338 shares of the company’s stock worth $5,791,000 after purchasing an additional 2,101 shares during the last quarter. Spectrum Planning & Advisory Services Inc. lifted its stake in iShares S&P 500 Value ETF by 7.9% in the fourth quarter. Spectrum Planning & Advisory Services Inc. now owns 21,028 shares of the company’s stock worth $4,014,000 after purchasing an additional 1,534 shares during the last quarter. Finally, Patriot Financial Group Insurance Agency LLC lifted its stake in iShares S&P 500 Value ETF by 4.6% in the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 96,019 shares of the company’s stock worth $18,328,000 after purchasing an additional 4,201 shares during the last quarter.

iShares S&P 500 Value ETF Trading Down 0.3 %

IVE stock opened at $197.53 on Wednesday. The firm’s 50-day moving average price is $196.34 and its two-hundred day moving average price is $194.72. iShares S&P 500 Value ETF has a 12-month low of $173.01 and a 12-month high of $206.63. The stock has a market capitalization of $35.39 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

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.