LMG Wealth Partners LLC Acquires 82 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

LMG Wealth Partners LLC increased its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 45,382 shares of the company’s stock after purchasing an additional 82 shares during the quarter. iShares S&P 500 Value ETF accounts for 1.9% of LMG Wealth Partners LLC’s investment portfolio, making the stock its 13th biggest position. LMG Wealth Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $8,662,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. International Assets Investment Management LLC increased its holdings in shares of iShares S&P 500 Value ETF by 18,046.1% in the third quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock worth $262,938,000 after buying an additional 1,326,211 shares during the period. USA Financial Formulas bought a new position in iShares S&P 500 Value ETF during the 4th quarter worth approximately $77,191,000. PNC Financial Services Group Inc. increased its stake in iShares S&P 500 Value ETF by 7.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock worth $389,537,000 after purchasing an additional 139,651 shares during the period. Kovitz Investment Group Partners LLC increased its stake in iShares S&P 500 Value ETF by 28.7% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 613,456 shares of the company’s stock worth $120,955,000 after purchasing an additional 136,769 shares during the period. Finally, World Investment Advisors LLC lifted its position in iShares S&P 500 Value ETF by 1,511.5% in the third quarter. World Investment Advisors LLC now owns 112,303 shares of the company’s stock valued at $22,220,000 after purchasing an additional 105,334 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of iShares S&P 500 Value ETF stock opened at $198.58 on Thursday. iShares S&P 500 Value ETF has a 52-week low of $176.09 and a 52-week high of $206.63. The company’s 50 day moving average price is $194.18 and its 200-day moving average price is $195.63. The stock has a market capitalization of $36.22 billion, a price-to-earnings ratio of 22.47 and a beta of 0.95.

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.