Sofi Wealth LLC Boosts Stock Holdings in iShares S&P 500 Value ETF $IVE

Sofi Wealth LLC boosted its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.4% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 979,965 shares of the company’s stock after purchasing an additional 4,340 shares during the quarter. iShares S&P 500 Value ETF comprises 10.0% of Sofi Wealth LLC’s portfolio, making the stock its 5th largest position. Sofi Wealth LLC’s holdings in iShares S&P 500 Value ETF were worth $206,920,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Independent Financial Group LLC purchased a new position in shares of iShares S&P 500 Value ETF during the first quarter valued at approximately $3,202,000. Prosperity Consulting Group LLC grew its stake in shares of iShares S&P 500 Value ETF by 143.0% in the 1st quarter. Prosperity Consulting Group LLC now owns 22,028 shares of the company’s stock worth $4,651,000 after buying an additional 12,962 shares during the last quarter. Quartz Partners LLC increased its position in iShares S&P 500 Value ETF by 42.7% during the 1st quarter. Quartz Partners LLC now owns 3,574 shares of the company’s stock valued at $755,000 after buying an additional 1,070 shares in the last quarter. Gallagher Capital Advisors LLC increased its position in iShares S&P 500 Value ETF by 3,223.2% during the 1st quarter. Gallagher Capital Advisors LLC now owns 158,615 shares of the company’s stock valued at $33,492,000 after buying an additional 153,842 shares in the last quarter. Finally, Wealthfront Advisers LLC increased its position in iShares S&P 500 Value ETF by 17.4% during the 1st quarter. Wealthfront Advisers LLC now owns 2,228 shares of the company’s stock valued at $470,000 after buying an additional 331 shares in the last quarter.

iShares S&P 500 Value ETF Trading Up 0.9%

iShares S&P 500 Value ETF stock opened at $232.35 on Friday. iShares S&P 500 Value ETF has a 12 month low of $193.90 and a 12 month high of $232.42. The company has a market capitalization of $49.10 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. The business’s fifty day simple moving average is $227.44 and its two-hundred day simple moving average is $220.63.

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.