WESPAC Advisors LLC Purchases 2,877 Shares of iShares S&P 500 Value ETF $IVE

WESPAC Advisors LLC grew its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 52.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,384 shares of the company’s stock after acquiring an additional 2,877 shares during the quarter. iShares S&P 500 Value ETF comprises 1.0% of WESPAC Advisors LLC’s holdings, making the stock its 23rd largest position. WESPAC Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $1,914,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Calamos Advisors LLC raised its stake in 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 purchasing an additional 596,067 shares during the last quarter. The Manufacturers Life Insurance Company acquired a new stake in iShares S&P 500 Value ETF during the 1st quarter worth $92,702,000. Fifth Third Bancorp boosted its stake in iShares S&P 500 Value ETF by 132.9% during the 1st quarter. Fifth Third Bancorp now owns 557,426 shares of the company’s stock worth $117,700,000 after purchasing an additional 318,135 shares during the last quarter. Bank of America Corp DE boosted its stake in iShares S&P 500 Value ETF by 2.0% during the 1st quarter. Bank of America Corp DE now owns 9,457,775 shares of the company’s stock worth $1,997,009,000 after purchasing 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 in the last quarter.

iShares S&P 500 Value ETF Stock Up 0.3%

iShares S&P 500 Value ETF stock opened at $238.85 on Tuesday. The company has a fifty day simple moving average of $234.49 and a 200-day simple moving average of $225.54. The firm has a market capitalization of $50.55 billion, a price-to-earnings ratio of 20.70 and a beta of 0.83. iShares S&P 500 Value ETF has a 52-week low of $203.15 and a 52-week high of $239.93.

About iShares S&P 500 Value ETF

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.