Focus Partners Wealth Boosts Position in iShares S&P 500 Value ETF $IVE

Focus Partners Wealth boosted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 522,826 shares of the company’s stock after buying an additional 4,445 shares during the quarter. Focus Partners Wealth’s holdings in iShares S&P 500 Value ETF were worth $107,969,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in IVE. United Services Automobile Association bought a new position in iShares S&P 500 Value ETF in the 2nd quarter worth about $26,000. Center for Financial Planning Inc. bought a new stake in shares of iShares S&P 500 Value ETF during the third quarter valued at approximately $32,000. Tripletail Wealth Management LLC bought a new stake in shares of iShares S&P 500 Value ETF during the third quarter valued at approximately $37,000. Rossmore Private Capital purchased a new stake in shares of iShares S&P 500 Value ETF in the third quarter valued at approximately $44,000. Finally, Cloud Capital Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the third quarter valued at approximately $45,000.

iShares S&P 500 Value ETF Stock Down 0.1%

Shares of NYSEARCA:IVE opened at $211.71 on Monday. The business’s 50 day moving average is $218.23 and its 200 day moving average is $211.76. The stock has a market cap of $47.83 billion, a P/E ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a 52-week low of $165.45 and a 52-week high of $223.05.

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. 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.