Elevation Point Wealth Partners LLC increased its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 126.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 61,835 shares of the company’s stock after buying an additional 34,511 shares during the period. Elevation Point Wealth Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $13,056,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Simplex Trading LLC acquired a new position in shares of iShares S&P 500 Value ETF in the fourth quarter worth about $25,000. Hilton Head Capital Partners LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter valued at about $25,000. Decker Retirement Planning Inc. acquired a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter valued at about $26,000. United Services Automobile Association purchased a new position in shares of iShares S&P 500 Value ETF in the 2nd quarter valued at about $26,000. Finally, Palisade Asset Management LLC purchased a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter valued at about $29,000.
iShares S&P 500 Value ETF Trading Up 1.1%
NYSEARCA IVE opened at $230.20 on Friday. The stock has a market capitalization of $48.32 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. The stock has a 50-day moving average of $225.72 and a 200 day moving average of $219.39. iShares S&P 500 Value ETF has a twelve month low of $193.90 and a twelve month high of $230.26.
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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.
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