Element Wealth LLC Has $437,000 Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Element Wealth LLC grew its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 10.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,291 shares of the company’s stock after buying an additional 216 shares during the quarter. Element Wealth LLC’s holdings in iShares S&P 500 Value ETF were worth $437,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IVE. International Assets Investment Management LLC increased its stake 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 valued at $262,938,000 after buying an additional 1,326,211 shares in the last quarter. USA Financial Formulas acquired a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at $77,191,000. PNC Financial Services Group Inc. increased its stake in shares of iShares S&P 500 Value ETF by 7.6% in the third quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock valued at $389,537,000 after buying an additional 139,651 shares in the last quarter. Kovitz Investment Group Partners LLC boosted its holdings in iShares S&P 500 Value ETF by 28.7% in the third quarter. Kovitz Investment Group Partners LLC now owns 613,456 shares of the company’s stock valued at $120,955,000 after acquiring an additional 136,769 shares during the last quarter. Finally, World Investment Advisors LLC boosted its holdings 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 acquiring an additional 105,334 shares during the last quarter.

iShares S&P 500 Value ETF Stock Down 1.0 %

iShares S&P 500 Value ETF stock opened at $196.39 on Friday. The business’s 50-day simple moving average is $194.17 and its 200 day simple moving average is $195.67. The stock has a market cap of $35.82 billion, a price-to-earnings ratio of 22.47 and a beta of 0.95. iShares S&P 500 Value ETF has a 12-month low of $176.09 and a 12-month high of $206.63.

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.