Spectrum Planning & Advisory Services Inc. lifted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 9.8% in the 3rd quarter, HoldingsChannel reports. The firm owned 19,494 shares of the company’s stock after buying an additional 1,745 shares during the quarter. iShares S&P 500 Value ETF accounts for 3.7% of Spectrum Planning & Advisory Services Inc.’s portfolio, making the stock its 9th biggest position. Spectrum Planning & Advisory Services Inc.’s holdings in iShares S&P 500 Value ETF were worth $3,844,000 as of its most recent SEC filing.
Several other large investors have also bought and sold shares of IVE. Chesapeake Wealth Management raised its holdings in shares of iShares S&P 500 Value ETF by 3.8% during the third quarter. Chesapeake Wealth Management now owns 1,382 shares of the company’s stock valued at $272,000 after purchasing an additional 50 shares during the last quarter. CGN Advisors LLC raised its position in iShares S&P 500 Value ETF by 3.0% during the second quarter. CGN Advisors LLC now owns 1,860 shares of the company’s stock valued at $339,000 after purchasing an additional 55 shares during the period. Capital Square LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 1.3% in the 2nd quarter. Capital Square LLC now owns 4,339 shares of the company’s stock worth $816,000 after acquiring an additional 55 shares during the last quarter. HighMark Wealth Management LLC boosted its holdings in iShares S&P 500 Value ETF by 0.7% during the 2nd quarter. HighMark Wealth Management LLC now owns 8,208 shares of the company’s stock valued at $1,494,000 after acquiring an additional 56 shares during the period. Finally, GDS Wealth Management increased its stake in iShares S&P 500 Value ETF by 3.3% in the 3rd quarter. GDS Wealth Management now owns 1,765 shares of the company’s stock worth $348,000 after buying an additional 56 shares during the period.
iShares S&P 500 Value ETF Trading Up 0.5 %
Shares of IVE stock opened at $200.47 on Tuesday. The stock has a market capitalization of $35.91 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The stock has a fifty day simple moving average of $197.35 and a two-hundred day simple moving average of $189.97. iShares S&P 500 Value ETF has a twelve month low of $162.43 and a twelve month high of $203.67.
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.
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