Vantus Wealth LLC Makes New Investment in iShares S&P 500 Value ETF $IVE

Vantus Wealth LLC bought a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 11,859 shares of the company’s stock, valued at approximately $2,515,000. iShares S&P 500 Value ETF makes up 1.8% of Vantus Wealth LLC’s holdings, making the stock its 9th biggest position.

A number of other hedge funds also recently added to or reduced their stakes in the business. Old Peak Finance LLC acquired a new stake in iShares S&P 500 Value ETF during the 4th quarter worth approximately $405,000. Twin Peaks Wealth Advisors LLC raised its holdings in shares of iShares S&P 500 Value ETF by 68.3% in the 4th quarter. Twin Peaks Wealth Advisors LLC now owns 53,743 shares of the company’s stock valued at $11,909,000 after purchasing an additional 21,818 shares in the last quarter. COFG Advisors LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter valued at $2,115,000. Sage Investment Advisers LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter valued at $3,969,000. Finally, Peapack Gladstone Financial Corp raised its holdings in shares of iShares S&P 500 Value ETF by 16.7% in the 4th quarter. Peapack Gladstone Financial Corp now owns 152,850 shares of the company’s stock valued at $32,414,000 after purchasing an additional 21,863 shares in the last quarter.

iShares S&P 500 Value ETF Trading Down 0.5%

Shares of IVE opened at $226.71 on Tuesday. iShares S&P 500 Value ETF has a twelve month low of $187.50 and a twelve month high of $228.95. The firm’s fifty day simple moving average is $219.58 and its 200-day simple moving average is $216.64. The firm has a market capitalization of $50.06 billion, a price-to-earnings ratio of 20.70 and a beta of 0.83.

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.