Compound Planning Inc. Buys 12,099 Shares of iShares S&P 500 Value ETF $IVE

Compound Planning Inc. increased its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 169.7% during the 1st quarter, HoldingsChannel reports. The firm owned 19,227 shares of the company’s stock after buying an additional 12,099 shares during the period. Compound Planning Inc.’s holdings in iShares S&P 500 Value ETF were worth $4,060,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in iShares S&P 500 Value ETF by 4.6% during the 4th quarter. JPMorgan Chase & Co. now owns 18,748,246 shares of the company’s stock valued at $3,975,941,000 after buying an additional 821,872 shares during the last quarter. Morgan Stanley lifted its holdings in shares of iShares S&P 500 Value ETF by 7.5% during the 4th 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. Wells Fargo & Company MN boosted its stake in shares of iShares S&P 500 Value ETF by 2.0% in the 4th quarter. Wells Fargo & Company MN now owns 6,264,139 shares of the company’s stock worth $1,328,436,000 after buying an additional 120,153 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of iShares S&P 500 Value ETF by 22.5% in the 4th quarter. Cetera Investment Advisers now owns 3,409,979 shares of the company’s stock worth $723,154,000 after buying an additional 627,109 shares during the last quarter. Finally, Stifel Financial Corp grew its holdings in shares of iShares S&P 500 Value ETF by 7.6% in the fourth quarter. Stifel Financial Corp now owns 3,250,570 shares of the company’s stock worth $689,349,000 after acquiring an additional 230,880 shares during the period.

iShares S&P 500 Value ETF Stock Performance

iShares S&P 500 Value ETF stock opened at $231.36 on Friday. The stock has a market cap of $48.92 billion, a PE ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a one year low of $193.90 and a one year high of $233.57. The stock has a fifty day moving average of $228.16 and a 200 day moving average of $221.32.

About iShares S&P 500 Value ETF

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.