Spire Wealth Management Has $26.46 Million Position in iShares S&P 500 Value ETF $IVE

Spire Wealth Management raised its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 124,779 shares of the company’s stock after purchasing an additional 3,852 shares during the quarter. iShares S&P 500 Value ETF accounts for about 0.9% of Spire Wealth Management’s holdings, making the stock its 16th biggest holding. Spire Wealth Management’s holdings in iShares S&P 500 Value ETF were worth $26,462,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. FLP Wealth Management LLC raised its stake in shares of iShares S&P 500 Value ETF by 628.5% during the third quarter. FLP Wealth Management LLC now owns 16,727 shares of the company’s stock valued at $3,454,000 after acquiring an additional 14,431 shares during the last quarter. Great Point Wealth Advisors LLC bought a new stake in shares of iShares S&P 500 Value ETF in the third quarter worth $2,478,000. Detalus Advisors LLC grew its stake in shares of iShares S&P 500 Value ETF by 3.6% in the third quarter. Detalus Advisors LLC now owns 84,033 shares of the company’s stock worth $17,354,000 after purchasing an additional 2,909 shares during the last quarter. Curbstone Financial Management Corp acquired a new stake in iShares S&P 500 Value ETF in the third quarter valued at $564,000. Finally, BIP Wealth LLC increased its holdings in iShares S&P 500 Value ETF by 185.4% in the third quarter. BIP Wealth LLC now owns 6,001 shares of the company’s stock valued at $1,239,000 after purchasing an additional 3,898 shares during the period.

iShares S&P 500 Value ETF Stock Down 1.2%

Shares of NYSEARCA:IVE opened at $207.57 on Friday. The firm has a market cap of $46.89 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 business has a fifty day simple moving average of $216.98 and a 200 day simple moving average of $212.19.

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. 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.