iShares S&P 500 Value ETF $IVE Stock Bought by Simplicity Wealth LLC

Simplicity Wealth LLC increased its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 55.0% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 63,851 shares of the company’s stock after acquiring an additional 22,669 shares during the quarter. Simplicity Wealth LLC’s holdings in iShares S&P 500 Value ETF were worth $14,576,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the stock. Bank of America Corp DE lifted its stake in iShares S&P 500 Value ETF by 2.0% during the 1st quarter. Bank of America Corp DE now owns 9,457,775 shares of the company’s stock valued at $1,997,009,000 after acquiring an additional 182,358 shares in the last quarter. Lido Advisors LLC boosted its holdings in iShares S&P 500 Value ETF by 4.4% during the 1st quarter. Lido Advisors LLC now owns 1,944,079 shares of the company’s stock worth $410,493,000 after acquiring an additional 81,088 shares during the last quarter. Royal Bank of Canada boosted its holdings in iShares S&P 500 Value ETF by 3.6% during the 1st quarter. Royal Bank of Canada now owns 1,396,602 shares of the company’s stock worth $294,892,000 after acquiring an additional 48,869 shares during the last quarter. Cassaday & Co Wealth Management LLC grew its stake in shares of iShares S&P 500 Value ETF by 3.8% in the 1st quarter. Cassaday & Co Wealth Management LLC now owns 1,197,963 shares of the company’s stock worth $252,950,000 after acquiring an additional 44,187 shares in the last quarter. Finally, Sofi Wealth LLC grew its stake in shares of iShares S&P 500 Value ETF by 0.4% in the 1st quarter. Sofi Wealth LLC now owns 979,965 shares of the company’s stock worth $206,920,000 after acquiring an additional 4,340 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

NYSEARCA IVE opened at $238.12 on Friday. The company has a fifty day moving average price of $234.46 and a 200-day moving average price of $229.55. The firm has a market cap of $50.41 billion, a price-to-earnings ratio of 20.70 and a beta of 0.83. iShares S&P 500 Value ETF has a 1 year low of $203.15 and a 1 year high of $239.93.

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.