Wealth Enhancement Advisory Services LLC Has $21.33 Million Stock Position in iShares S&P 500 Value ETF $IVE

Wealth Enhancement Advisory Services LLC grew its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 10.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 98,635 shares of the company’s stock after purchasing an additional 9,021 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in iShares S&P 500 Value ETF were worth $21,334,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. REAP Financial Group LLC increased its position in iShares S&P 500 Value ETF by 9.7% during the third quarter. REAP Financial Group LLC now owns 542 shares of the company’s stock worth $112,000 after buying an additional 48 shares during the last quarter. Dumont & Blake Investment Advisors LLC lifted its position in shares of iShares S&P 500 Value ETF by 0.5% in the third quarter. Dumont & Blake Investment Advisors LLC now owns 10,795 shares of the company’s stock worth $2,229,000 after buying an additional 49 shares during the last quarter. Signal Advisors Wealth LLC lifted its position in shares of iShares S&P 500 Value ETF by 0.6% in the third quarter. Signal Advisors Wealth LLC now owns 9,010 shares of the company’s stock worth $1,861,000 after buying an additional 51 shares during the last quarter. Rossby Financial LCC boosted its stake in shares of iShares S&P 500 Value ETF by 7.5% during the 3rd quarter. Rossby Financial LCC now owns 757 shares of the company’s stock worth $157,000 after acquiring an additional 53 shares in the last quarter. Finally, CPC Advisors LLC increased its holdings in shares of iShares S&P 500 Value ETF by 4.9% during the 3rd quarter. CPC Advisors LLC now owns 1,255 shares of the company’s stock valued at $259,000 after acquiring an additional 59 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE stock opened at $210.24 on Wednesday. The stock’s 50 day simple moving average is $217.45 and its 200 day simple moving average is $212.11. iShares S&P 500 Value ETF has a twelve month low of $165.45 and a twelve month high of $223.05. The company has a market capitalization of $47.49 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89.

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.