WealthPlan Investment Management LLC Acquires 4,119 Shares of iShares S&P 500 Value ETF $IVE

WealthPlan Investment Management LLC boosted its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 99,316 shares of the company’s stock after purchasing an additional 4,119 shares during the quarter. iShares S&P 500 Value ETF comprises 1.3% of WealthPlan Investment Management LLC’s holdings, making the stock its 13th largest holding. WealthPlan Investment Management LLC’s holdings in iShares S&P 500 Value ETF were worth $21,062,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Envestnet Asset Management Inc. increased its holdings in iShares S&P 500 Value ETF by 5.4% in the third quarter. Envestnet Asset Management Inc. now owns 22,121,389 shares of the company’s stock worth $4,568,288,000 after purchasing an additional 1,137,886 shares in the last quarter. Bank of America Corp DE increased its holdings in iShares S&P 500 Value ETF by 0.9% in the third quarter. Bank of America Corp DE now owns 8,396,957 shares of the company’s stock worth $1,734,056,000 after purchasing an additional 72,040 shares in the last quarter. UBS Group AG increased its holdings in iShares S&P 500 Value ETF by 1.0% in the third quarter. UBS Group AG now owns 3,604,778 shares of the company’s stock worth $744,423,000 after purchasing an additional 37,372 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in iShares S&P 500 Value ETF by 19.0% in the second quarter. Ameriprise Financial Inc. now owns 3,031,014 shares of the company’s stock worth $591,818,000 after purchasing an additional 484,782 shares in the last quarter. Finally, CWM LLC increased its holdings in iShares S&P 500 Value ETF by 37.5% in the fourth quarter. CWM LLC now owns 2,579,248 shares of the company’s stock worth $546,981,000 after purchasing an additional 702,987 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE stock opened at $223.45 on Friday. The company has a market cap of $49.34 billion, a P/E ratio of 20.70 and a beta of 0.83. The stock has a 50 day simple moving average of $216.67 and a two-hundred day simple moving average of $215.21. iShares S&P 500 Value ETF has a fifty-two week low of $185.34 and a fifty-two week high of $225.90.

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.