Cornerstone Planning Group LLC Acquires 8,789 Shares of iShares S&P 500 Value ETF $IVE

Cornerstone Planning Group LLC lifted its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 51.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,820 shares of the company’s stock after acquiring an additional 8,789 shares during the quarter. iShares S&P 500 Value ETF makes up 0.9% of Cornerstone Planning Group LLC’s portfolio, making the stock its 24th biggest position. Cornerstone Planning Group LLC’s holdings in iShares S&P 500 Value ETF were worth $5,586,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Great Point Wealth Advisors LLC bought a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter worth about $2,478,000. Detalus Advisors LLC increased its stake in shares of iShares S&P 500 Value ETF by 3.6% in the 3rd quarter. Detalus Advisors LLC now owns 84,033 shares of the company’s stock worth $17,354,000 after acquiring an additional 2,909 shares in the last quarter. BIP Wealth LLC increased its stake in shares of iShares S&P 500 Value ETF by 185.4% in the 3rd quarter. BIP Wealth LLC now owns 6,001 shares of the company’s stock worth $1,239,000 after acquiring an additional 3,898 shares in the last quarter. Arkadios Wealth Advisors increased its stake in shares of iShares S&P 500 Value ETF by 7.1% in the 3rd quarter. Arkadios Wealth Advisors now owns 61,315 shares of the company’s stock worth $12,662,000 after acquiring an additional 4,048 shares in the last quarter. Finally, Centurion Wealth Management LLC increased its stake in shares of iShares S&P 500 Value ETF by 24.7% in the 4th quarter. Centurion Wealth Management LLC now owns 24,643 shares of the company’s stock worth $5,226,000 after acquiring an additional 4,876 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of iShares S&P 500 Value ETF stock opened at $223.51 on Friday. The company has a 50-day moving average of $216.09 and a 200 day moving average of $214.08. The firm has a market cap of $49.35 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 $183.05 and a 1 year high of $225.26.

iShares S&P 500 Value ETF 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.