Spire Wealth Management Has $24.97 Million Position in iShares S&P 500 Value ETF $IVE

Spire Wealth Management lessened its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.6% during the third quarter, Holdings Channel reports. The fund owned 120,927 shares of the company’s stock after selling 7,116 shares during the period. iShares S&P 500 Value ETF makes up 0.8% of Spire Wealth Management’s holdings, making the stock its 16th largest holding. Spire Wealth Management’s holdings in iShares S&P 500 Value ETF were worth $24,973,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Dumont & Blake Investment Advisors LLC raised its position in shares of iShares S&P 500 Value ETF by 0.5% in the third quarter. Dumont & Blake Investment Advisors LLC now owns 10,795 shares of the company’s stock valued at $2,229,000 after purchasing an additional 49 shares during the period. Signal Advisors Wealth LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 0.6% during the 3rd quarter. Signal Advisors Wealth LLC now owns 9,010 shares of the company’s stock worth $1,861,000 after buying an additional 51 shares during the period. Harbor Investment Advisory LLC grew its stake in iShares S&P 500 Value ETF by 0.3% in the 2nd quarter. Harbor Investment Advisory LLC now owns 20,113 shares of the company’s stock valued at $3,930,000 after buying an additional 59 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC raised its holdings in iShares S&P 500 Value ETF by 2.2% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,749 shares of the company’s stock valued at $537,000 after acquiring an additional 59 shares during the period. Finally, Seneca House Advisors raised its holdings in iShares S&P 500 Value ETF by 0.4% in the 2nd quarter. Seneca House Advisors now owns 15,246 shares of the company’s stock valued at $2,979,000 after acquiring an additional 62 shares during the period.

iShares S&P 500 Value ETF Stock Down 1.0%

Shares of IVE stock opened at $214.17 on Thursday. iShares S&P 500 Value ETF has a 12-month low of $165.45 and a 12-month high of $216.85. The company has a market capitalization of $48.48 billion, a PE ratio of 20.70 and a beta of 0.89. The firm has a 50 day moving average price of $210.98 and a two-hundred day moving average price of $205.07.

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.