iShares S&P 500 Value ETF $IVE Stock Purchased by WealthPlan Investment Management LLC

WealthPlan Investment Management LLC boosted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.6% in the third quarter, Holdings Channel reports. The firm owned 108,660 shares of the company’s stock after acquiring an additional 3,762 shares during the period. iShares S&P 500 Value ETF comprises about 1.2% of WealthPlan Investment Management LLC’s holdings, making the stock its 26th biggest position. WealthPlan Investment Management LLC’s holdings in iShares S&P 500 Value ETF were worth $24,805,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Bank of America Corp DE lifted its stake in shares of iShares S&P 500 Value ETF by 2.0% in 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. Lido Advisors LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 4.4% during the 1st quarter. Lido Advisors LLC now owns 1,944,079 shares of the company’s stock worth $410,493,000 after buying an additional 81,088 shares during the period. Royal Bank of Canada boosted its holdings in shares of iShares S&P 500 Value ETF by 3.6% during the 1st quarter. Royal Bank of Canada now owns 1,396,602 shares of the company’s stock worth $294,892,000 after buying an additional 48,869 shares during the period. Cassaday & Co Wealth Management LLC grew its stake in iShares S&P 500 Value ETF by 3.8% in the 1st quarter. Cassaday & Co Wealth Management LLC now owns 1,197,963 shares of the company’s stock valued at $252,950,000 after buying an additional 44,187 shares during the last quarter. Finally, Sofi Wealth LLC grew its stake in iShares S&P 500 Value ETF by 0.4% in the 1st quarter. Sofi Wealth LLC now owns 979,965 shares of the company’s stock valued at $206,920,000 after buying an additional 4,340 shares during the last quarter.

iShares S&P 500 Value ETF Trading Up 0.6%

IVE traded up $1.43 during trading on Thursday, hitting $235.49. The stock had a trading volume of 421,504 shares, compared to its average volume of 934,596. The firm has a market cap of $49.83 billion, a PE ratio of 20.70 and a beta of 0.83. iShares S&P 500 Value ETF has a 12 month low of $203.15 and a 12 month high of $239.93. The company has a 50 day simple moving average of $234.40 and a 200-day simple moving average of $228.37.

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.