iShares S&P 500 Value ETF $IVE Shares Bought by Icon Wealth Advisors LLC

Icon Wealth Advisors LLC lifted its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 40.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 285,616 shares of the company’s stock after buying an additional 82,017 shares during the period. iShares S&P 500 Value ETF comprises about 4.0% of Icon Wealth Advisors LLC’s investment portfolio, making the stock its 3rd largest holding. Icon Wealth Advisors LLC owned 0.13% of iShares S&P 500 Value ETF worth $60,571,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Droms Strauss Advisors Inc. MO ADV boosted its position in shares of iShares S&P 500 Value ETF by 1.6% during the fourth quarter. Droms Strauss Advisors Inc. MO ADV now owns 130,378 shares of the company’s stock worth $27,649,000 after buying an additional 2,113 shares during the period. Element Wealth LLC boosted its position in shares of iShares S&P 500 Value ETF by 5.0% during the fourth quarter. Element Wealth LLC now owns 2,098 shares of the company’s stock worth $445,000 after buying an additional 100 shares during the period. Arax Advisory Partners acquired a new position in shares of iShares S&P 500 Value ETF during the fourth quarter worth about $6,884,000. Barclays PLC boosted its position in shares of iShares S&P 500 Value ETF by 0.6% during the fourth quarter. Barclays PLC now owns 265,987 shares of the company’s stock worth $56,408,000 after buying an additional 1,475 shares during the period. Finally, Aptus Capital Advisors LLC raised its holdings in iShares S&P 500 Value ETF by 2.1% during the fourth quarter. Aptus Capital Advisors LLC now owns 10,537 shares of the company’s stock worth $2,235,000 after acquiring an additional 219 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

IVE opened at $228.73 on Friday. iShares S&P 500 Value ETF has a 52-week low of $189.66 and a 52-week high of $229.53. The firm has a market capitalization of $50.50 billion, a PE ratio of 20.70 and a beta of 0.82. The business’s 50-day simple moving average is $222.71 and its 200 day simple moving average is $217.80.

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.