SVB Wealth LLC Acquires Shares of 3,187 iShares S&P 500 Value ETF (NYSEARCA:IVE)

SVB Wealth LLC acquired a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 3,187 shares of the company’s stock, valued at approximately $608,000.

Other large investors also recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. raised its position in shares of iShares S&P 500 Value ETF by 162.3% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,017 shares of the company’s stock worth $396,000 after acquiring an additional 1,248 shares in the last quarter. Lansing Street Advisors raised its position in shares of iShares S&P 500 Value ETF by 12.5% during the 3rd quarter. Lansing Street Advisors now owns 30,902 shares of the company’s stock worth $6,093,000 after acquiring an additional 3,437 shares in the last quarter. Roman Butler Fullerton & Co. acquired a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter worth about $1,700,000. QRG Capital Management Inc. acquired a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter worth about $355,000. Finally, World Equity Group Inc. raised its position in shares of iShares S&P 500 Value ETF by 38.2% during the 3rd quarter. World Equity Group Inc. now owns 2,009 shares of the company’s stock worth $396,000 after acquiring an additional 555 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA IVE opened at $195.36 on Tuesday. iShares S&P 500 Value ETF has a fifty-two week low of $176.09 and a fifty-two week high of $206.63. The firm has a market capitalization of $35.63 billion, a PE ratio of 22.47 and a beta of 0.95. The stock’s 50-day simple moving average is $194.55 and its 200-day simple moving average is $196.33.

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.