Lpwm LLC Has $69.86 Million Stock Position in iShares S&P 500 Value ETF $IVE

Lpwm LLC lifted its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 329,407 shares of the company’s stock after acquiring an additional 12,135 shares during the period. iShares S&P 500 Value ETF makes up approximately 17.6% of Lpwm LLC’s holdings, making the stock its 2nd biggest holding. Lpwm LLC owned 0.15% of iShares S&P 500 Value ETF worth $69,857,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. United Services Automobile Association bought a new stake in iShares S&P 500 Value ETF in the second quarter valued at approximately $26,000. Palisade Asset Management LLC bought a new position in shares of iShares S&P 500 Value ETF during the third quarter worth $29,000. Center for Financial Planning Inc. bought a new position in shares of iShares S&P 500 Value ETF during the third quarter worth $32,000. Tripletail Wealth Management LLC acquired a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter valued at $37,000. Finally, Rossmore Private Capital acquired a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter valued at $44,000.

iShares S&P 500 Value ETF Stock Down 0.1%

IVE opened at $209.72 on Friday. The stock has a market cap of $47.38 billion, a P/E ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a 12 month low of $165.45 and a 12 month high of $223.05. The company has a fifty day simple moving average of $217.92 and a 200 day simple moving average of $211.86.

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.