iShares S&P 500 Value ETF $IVE Stock: LifeSteps Financial Inc. Raises Position

LifeSteps Financial Inc. boosted its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 348.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,797 shares of the company’s stock after acquiring an additional 5,281 shares during the period. LifeSteps Financial Inc.’s holdings in iShares S&P 500 Value ETF were worth $1,552,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Calamos Advisors LLC increased its holdings in shares of iShares S&P 500 Value ETF by 2,585.9% in the 1st quarter. Calamos Advisors LLC now owns 619,118 shares of the company’s stock valued at $130,727,000 after acquiring an additional 596,067 shares during the period. The Manufacturers Life Insurance Company acquired a new stake in shares of iShares S&P 500 Value ETF during the first quarter worth about $92,702,000. Fifth Third Bancorp grew its holdings in shares of iShares S&P 500 Value ETF by 132.9% during the first quarter. Fifth Third Bancorp now owns 557,426 shares of the company’s stock worth $117,700,000 after buying an additional 318,135 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of iShares S&P 500 Value ETF by 2.0% during the first quarter. Bank of America Corp DE now owns 9,457,775 shares of the company’s stock worth $1,997,009,000 after buying an additional 182,358 shares during the last quarter. Finally, Gallagher Capital Advisors LLC grew its holdings in shares of iShares S&P 500 Value ETF by 3,223.2% during the first quarter. Gallagher Capital Advisors LLC now owns 158,615 shares of the company’s stock worth $33,492,000 after buying an additional 153,842 shares during the last quarter.

iShares S&P 500 Value ETF Stock Up 0.6%

IVE stock traded up $1.48 during trading on Thursday, hitting $235.54. The company had a trading volume of 453,511 shares, compared to its average volume of 934,914. The firm has a market cap of $49.84 billion, a PE ratio of 20.70 and a beta of 0.83. iShares S&P 500 Value ETF has a 1-year low of $203.15 and a 1-year high of $239.93. The firm has a 50-day moving average price of $234.40 and a 200-day moving average price of $228.37.

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.