Wealth Alliance Acquires 1,772 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Wealth Alliance raised its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 89,492 shares of the company’s stock after acquiring an additional 1,772 shares during the quarter. iShares S&P 500 Value ETF comprises 2.0% of Wealth Alliance’s portfolio, making the stock its 7th largest position. Wealth Alliance’s holdings in iShares S&P 500 Value ETF were worth $17,082,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of IVE. Ieq Capital LLC boosted its position in shares of iShares S&P 500 Value ETF by 83.7% in the 4th quarter. Ieq Capital LLC now owns 99,907 shares of the company’s stock worth $19,070,000 after purchasing an additional 45,525 shares during the last quarter. Bryn Mawr Capital Management LLC boosted its holdings in iShares S&P 500 Value ETF by 52.8% during the fourth quarter. Bryn Mawr Capital Management LLC now owns 16,608 shares of the company’s stock worth $3,170,000 after buying an additional 5,738 shares during the last quarter. Private Advisor Group LLC grew its position in shares of iShares S&P 500 Value ETF by 2.0% during the 4th quarter. Private Advisor Group LLC now owns 201,170 shares of the company’s stock worth $38,399,000 after buying an additional 4,007 shares during the period. Flagstar Advisors Inc. increased its stake in shares of iShares S&P 500 Value ETF by 3.2% in the 4th quarter. Flagstar Advisors Inc. now owns 23,261 shares of the company’s stock valued at $4,440,000 after acquiring an additional 731 shares during the last quarter. Finally, Semus Wealth Partners LLC raised its position in shares of iShares S&P 500 Value ETF by 14.5% in the 4th quarter. Semus Wealth Partners LLC now owns 2,693 shares of the company’s stock valued at $514,000 after acquiring an additional 341 shares during the period.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA IVE opened at $198.58 on Thursday. iShares S&P 500 Value ETF has a 52-week low of $176.09 and a 52-week high of $206.63. The stock has a market cap of $36.22 billion, a P/E ratio of 22.47 and a beta of 0.95. The firm has a 50 day moving average price of $194.18 and a 200 day moving average price of $195.63.

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.