Falcon Wealth Planning Purchases 2,954 Shares of iShares S&P 500 Value ETF $IVE

Falcon Wealth Planning increased its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 11.2% during the 2nd quarter, Holdings Channel reports. The firm owned 29,326 shares of the company’s stock after acquiring an additional 2,954 shares during the period. iShares S&P 500 Value ETF comprises 0.6% of Falcon Wealth Planning’s investment portfolio, making the stock its 23rd biggest position. Falcon Wealth Planning’s holdings in iShares S&P 500 Value ETF were worth $5,731,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of IVE. Brighton Jones LLC raised its position in shares of iShares S&P 500 Value ETF by 0.8% during the 4th quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock valued at $2,679,000 after purchasing an additional 112 shares during the period. Millennium Management LLC raised its position in shares of iShares S&P 500 Value ETF by 101.3% during the 4th quarter. Millennium Management LLC now owns 3,334 shares of the company’s stock valued at $636,000 after purchasing an additional 1,678 shares during the period. Integrated Advisors Network LLC increased its holdings in iShares S&P 500 Value ETF by 48.2% in the 4th quarter. Integrated Advisors Network LLC now owns 1,844 shares of the company’s stock valued at $352,000 after acquiring an additional 600 shares during the last quarter. Wood Tarver Financial Group LLC bought a new stake in iShares S&P 500 Value ETF in the 4th quarter valued at $65,000. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in iShares S&P 500 Value ETF by 1.4% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 85,548 shares of the company’s stock valued at $16,329,000 after acquiring an additional 1,196 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA IVE opened at $203.91 on Friday. The company has a market cap of $40.93 billion, a P/E ratio of 20.70 and a beta of 0.94. The firm’s fifty day moving average is $201.40 and its two-hundred day moving average is $192.68. iShares S&P 500 Value ETF has a 52-week low of $165.45 and a 52-week high of $206.63.

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.