iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Acquired by Element Wealth LLC

Element Wealth LLC lifted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 10.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,291 shares of the company’s stock after purchasing an additional 216 shares during the quarter. Element Wealth LLC’s holdings in iShares S&P 500 Value ETF were worth $437,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC grew its stake in iShares S&P 500 Value ETF by 18,046.1% in the 3rd quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock valued at $262,938,000 after acquiring an additional 1,326,211 shares during the last quarter. USA Financial Formulas purchased a new position in iShares S&P 500 Value ETF in the 4th quarter valued at about $77,191,000. PNC Financial Services Group Inc. lifted its holdings in iShares S&P 500 Value ETF by 7.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock valued at $389,537,000 after purchasing an additional 139,651 shares in the last quarter. Kovitz Investment Group Partners LLC lifted its holdings in iShares S&P 500 Value ETF by 28.7% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 613,456 shares of the company’s stock valued at $120,955,000 after purchasing an additional 136,769 shares in the last quarter. Finally, World Investment Advisors LLC lifted its holdings in iShares S&P 500 Value ETF by 1,511.5% in the 3rd quarter. World Investment Advisors LLC now owns 112,303 shares of the company’s stock valued at $22,220,000 after purchasing an additional 105,334 shares in the last quarter.

iShares S&P 500 Value ETF Trading Down 1.0 %

NYSEARCA:IVE opened at $196.39 on Friday. The firm has a market cap of $35.82 billion, a price-to-earnings ratio of 22.47 and a beta of 0.95. The company’s 50-day moving average is $194.17 and its two-hundred day moving average is $195.67. iShares S&P 500 Value ETF has a 12-month low of $176.09 and a 12-month high of $206.63.

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.