Merkkuri Wealth Advisors LLC Has $2.83 Million Stake in iShares S&P 500 Value ETF $IVE

Merkkuri Wealth Advisors LLC lifted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 33.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 13,363 shares of the company’s stock after buying an additional 3,349 shares during the quarter. iShares S&P 500 Value ETF comprises approximately 1.9% of Merkkuri Wealth Advisors LLC’s investment portfolio, making the stock its 15th largest holding. Merkkuri Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $2,834,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of IVE. Decker Retirement Planning Inc. acquired a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter worth approximately $26,000. United Services Automobile Association acquired a new position in shares of iShares S&P 500 Value ETF during the second quarter worth approximately $26,000. Palisade Asset Management LLC acquired a new position in shares of iShares S&P 500 Value ETF during the third quarter worth approximately $29,000. Ransom Advisory Ltd acquired a new position in shares of iShares S&P 500 Value ETF during the fourth quarter worth approximately $31,000. Finally, Center for Financial Planning Inc. acquired a new position in shares of iShares S&P 500 Value ETF during the third quarter worth approximately $32,000.

iShares S&P 500 Value ETF Trading Down 0.1%

NYSEARCA IVE opened at $220.63 on Friday. The firm has a market capitalization of $48.67 billion, a P/E ratio of 20.70 and a beta of 0.85. The business has a fifty day simple moving average of $216.03 and a 200 day simple moving average of $213.71. iShares S&P 500 Value ETF has a 12 month low of $180.00 and a 12 month high of $223.05.

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.