Greenup Street Wealth Management LLC Has $44.19 Million Stock Holdings in iShares S&P 500 Value ETF $IVE

Greenup Street Wealth Management LLC increased its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 209,290 shares of the company’s stock after purchasing an additional 8,931 shares during the period. iShares S&P 500 Value ETF makes up 6.2% of Greenup Street Wealth Management LLC’s portfolio, making the stock its 6th largest holding. Greenup Street Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $44,192,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in IVE. JPMorgan Chase & Co. raised its position in iShares S&P 500 Value ETF by 4.6% in the 4th quarter. JPMorgan Chase & Co. now owns 18,748,246 shares of the company’s stock worth $3,975,941,000 after purchasing an additional 821,872 shares during the period. Morgan Stanley boosted its position in shares of iShares S&P 500 Value ETF by 7.5% during the fourth quarter. Morgan Stanley now owns 15,278,856 shares of the company’s stock valued at $3,240,188,000 after buying an additional 1,068,945 shares during the period. Bank of America Corp DE boosted its position in shares of iShares S&P 500 Value ETF by 0.9% during the third quarter. Bank of America Corp DE now owns 8,396,957 shares of the company’s stock valued at $1,734,056,000 after buying an additional 72,040 shares during the period. Wells Fargo & Company MN grew its stake in shares of iShares S&P 500 Value ETF by 2.0% during the fourth quarter. Wells Fargo & Company MN now owns 6,264,139 shares of the company’s stock valued at $1,328,436,000 after buying an additional 120,153 shares during the last quarter. Finally, UBS Group AG grew its stake in shares of iShares S&P 500 Value ETF by 1.0% during the third quarter. UBS Group AG now owns 3,604,778 shares of the company’s stock valued at $744,423,000 after buying an additional 37,372 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA IVE opened at $226.29 on Thursday. iShares S&P 500 Value ETF has a fifty-two week low of $192.17 and a fifty-two week high of $230.05. The company has a market cap of $49.96 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. The business’s 50 day moving average price is $224.74 and its 200-day moving average price is $218.76.

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.