WealthPoint Financial LLC bought a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 22,661 shares of the company’s stock, valued at approximately $4,806,000. iShares S&P 500 Value ETF makes up approximately 4.2% of WealthPoint Financial LLC’s investment portfolio, making the stock its 3rd biggest position.
Several other large investors also recently modified their holdings of the stock. Simplex Trading LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter valued at about $25,000. Hilton Head Capital Partners LLC acquired a new position in iShares S&P 500 Value ETF during the 4th quarter worth approximately $25,000. Decker Retirement Planning Inc. bought a new position in iShares S&P 500 Value ETF in the fourth quarter worth approximately $26,000. United Services Automobile Association bought a new position in iShares S&P 500 Value ETF in the second quarter worth approximately $26,000. Finally, Palisade Asset Management LLC acquired a new stake in iShares S&P 500 Value ETF in the third quarter valued at approximately $29,000.
iShares S&P 500 Value ETF Stock Up 0.3%
Shares of IVE opened at $226.38 on Friday. The business’s fifty day moving average is $223.94 and its 200 day moving average is $218.35. iShares S&P 500 Value ETF has a 12-month low of $189.67 and a 12-month high of $230.05. The stock has a market cap of $49.98 billion, a P/E ratio of 20.70 and a beta of 0.82.
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. 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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