Thrivent Financial for Lutherans Raises Stake in iShares S&P 500 Value ETF $IVE

Thrivent Financial for Lutherans lifted its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 27.7% in the fourth quarter, Holdings Channel reports. The firm owned 332,889 shares of the company’s stock after purchasing an additional 72,120 shares during the period. Thrivent Financial for Lutherans’ holdings in iShares S&P 500 Value ETF were worth $70,921,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Great Point Wealth Advisors LLC acquired a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter valued at approximately $2,478,000. Detalus Advisors LLC raised its position in shares of iShares S&P 500 Value ETF by 3.6% in the 3rd quarter. Detalus Advisors LLC now owns 84,033 shares of the company’s stock valued at $17,354,000 after purchasing an additional 2,909 shares in the last quarter. BIP Wealth LLC raised its position in shares of iShares S&P 500 Value ETF by 185.4% in the 3rd quarter. BIP Wealth LLC now owns 6,001 shares of the company’s stock valued at $1,239,000 after purchasing an additional 3,898 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its position in shares of iShares S&P 500 Value ETF by 96.6% in the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 223,947 shares of the company’s stock valued at $47,492,000 after purchasing an additional 110,058 shares in the last quarter. Finally, Arkadios Wealth Advisors raised its position in shares of iShares S&P 500 Value ETF by 7.1% in the 3rd quarter. Arkadios Wealth Advisors now owns 61,315 shares of the company’s stock valued at $12,662,000 after purchasing an additional 4,048 shares in the last quarter.

iShares S&P 500 Value ETF Stock Down 0.8%

Shares of IVE opened at $223.45 on Friday. The business’s 50 day moving average is $216.67 and its two-hundred day moving average is $215.21. iShares S&P 500 Value ETF has a 52-week low of $185.34 and a 52-week high of $225.90. The firm has a market cap of $49.34 billion, a price-to-earnings ratio of 20.70 and a beta of 0.83.

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.