Spire Wealth Management Has $24.97 Million Stock Holdings in iShares S&P 500 Value ETF $IVE

Spire Wealth Management lowered its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 120,927 shares of the company’s stock after selling 7,116 shares during the quarter. iShares S&P 500 Value ETF makes up approximately 0.8% of Spire Wealth Management’s investment portfolio, making the stock its 16th largest position. Spire Wealth Management owned approximately 0.06% of iShares S&P 500 Value ETF worth $24,973,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Signature Wealth Management Partners LLC grew its stake in iShares S&P 500 Value ETF by 0.4% in the third quarter. Signature Wealth Management Partners LLC now owns 94,987 shares of the company’s stock valued at $19,616,000 after purchasing an additional 404 shares in the last quarter. Strategic Blueprint LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 5.2% in the 3rd quarter. Strategic Blueprint LLC now owns 21,635 shares of the company’s stock valued at $4,468,000 after buying an additional 1,076 shares during the last quarter. Park Avenue Securities LLC grew its stake in shares of iShares S&P 500 Value ETF by 6.1% in the third quarter. Park Avenue Securities LLC now owns 1,757,032 shares of the company’s stock valued at $362,845,000 after buying an additional 101,228 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its holdings in iShares S&P 500 Value ETF by 151.5% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 518 shares of the company’s stock worth $107,000 after buying an additional 312 shares during the last quarter. Finally, Cerity Partners LLC raised its position in iShares S&P 500 Value ETF by 3.0% during the third quarter. Cerity Partners LLC now owns 103,432 shares of the company’s stock worth $21,360,000 after acquiring an additional 2,984 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE stock opened at $214.17 on Thursday. The company has a fifty day moving average price of $210.98 and a two-hundred day moving average price of $205.07. iShares S&P 500 Value ETF has a one year low of $165.45 and a one year high of $216.85. The stock has a market cap of $48.48 billion, a P/E ratio of 20.70 and a beta of 0.89.

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.