Lighthouse Financial LLC Has $6.09 Million Holdings in iShares S&P 500 Value ETF $IVE

Lighthouse Financial LLC lessened its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 8.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,179 shares of the company’s stock after selling 2,970 shares during the period. iShares S&P 500 Value ETF accounts for about 4.7% of Lighthouse Financial LLC’s portfolio, making the stock its 7th biggest position. Lighthouse Financial LLC’s holdings in iShares S&P 500 Value ETF were worth $6,093,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IVE. Brighton Jones LLC raised its stake in iShares S&P 500 Value ETF by 0.8% in the fourth quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock valued at $2,679,000 after purchasing an additional 112 shares in the last quarter. Verdence Capital Advisors LLC bought a new position in iShares S&P 500 Value ETF in the 1st quarter valued at about $206,000. West Wealth Group LLC raised its position in shares of iShares S&P 500 Value ETF by 19.2% in the 1st quarter. West Wealth Group LLC now owns 204,116 shares of the company’s stock valued at $38,850,000 after buying an additional 32,912 shares in the last quarter. Millstone Evans Group LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter worth approximately $136,000. Finally, Arcadia Wealth Management LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter worth approximately $405,000.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA:IVE opened at $207.38 on Tuesday. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year high of $212.54. The stock has a market capitalization of $42.30 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89. The company’s 50 day simple moving average is $206.88 and its 200 day simple moving average is $199.31.

iShares S&P 500 Value ETF 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.