SteelPeak Wealth LLC increased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 6.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 77,007 shares of the company’s stock after acquiring an additional 4,600 shares during the period. SteelPeak Wealth LLC’s holdings in iShares S&P 500 Value ETF were worth $15,183,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Aviance Capital Partners LLC bought a new position in shares of iShares S&P 500 Value ETF in the first quarter worth about $204,000. Diversified Trust Co boosted its position in iShares S&P 500 Value ETF by 3.9% in the 1st quarter. Diversified Trust Co now owns 3,335 shares of the company’s stock valued at $623,000 after buying an additional 124 shares during the last quarter. Kovack Advisors Inc. raised its position in shares of iShares S&P 500 Value ETF by 44.3% during the first quarter. Kovack Advisors Inc. now owns 1,671 shares of the company’s stock worth $312,000 after acquiring an additional 513 shares during the last quarter. Veracity Capital LLC lifted its stake in shares of iShares S&P 500 Value ETF by 27.5% during the first quarter. Veracity Capital LLC now owns 3,807 shares of the company’s stock valued at $711,000 after acquiring an additional 821 shares during the period. Finally, FORVIS Wealth Advisors LLC boosted its holdings in iShares S&P 500 Value ETF by 13.6% in the first quarter. FORVIS Wealth Advisors LLC now owns 42,679 shares of the company’s stock valued at $7,973,000 after acquiring an additional 5,122 shares during the last quarter.
iShares S&P 500 Value ETF Stock Performance
NYSEARCA:IVE traded up $0.57 on Wednesday, hitting $196.66. 98,413 shares of the stock were exchanged, compared to its average volume of 676,084. The stock has a market capitalization of $35.23 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 52 week low of $149.61 and a 52 week high of $201.08. The company’s 50-day moving average price is $195.87 and its 200 day moving average price is $188.01.
iShares S&P 500 Value ETF 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.
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