Lpwm LLC Purchases 9,585 Shares of iShares S&P 500 Value ETF $IVE

Lpwm LLC boosted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 317,272 shares of the company’s stock after purchasing an additional 9,585 shares during the quarter. iShares S&P 500 Value ETF makes up 17.5% of Lpwm LLC’s investment portfolio, making the stock its 2nd biggest holding. Lpwm LLC owned approximately 0.16% of iShares S&P 500 Value ETF worth $65,520,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. United Services Automobile Association acquired a new stake in shares of iShares S&P 500 Value ETF during the second quarter worth about $26,000. Harbor Asset Planning Inc. acquired a new position in shares of iShares S&P 500 Value ETF in the second quarter worth about $30,000. Flaharty Asset Management LLC acquired a new stake in iShares S&P 500 Value ETF in the first quarter worth $33,000. Ryan Investment Management Inc. bought a new position in iShares S&P 500 Value ETF in the 2nd quarter worth about $36,000. Finally, Atwood & Palmer Inc. acquired a new stake in shares of iShares S&P 500 Value ETF in the second quarter valued at approximately $38,000.

iShares S&P 500 Value ETF Stock Down 0.0%

NYSEARCA:IVE opened at $214.19 on Monday. The business’s 50-day moving average price is $210.30 and its 200 day moving average price is $203.88. The firm has a market cap of $43.68 billion, a P/E ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a 52-week low of $165.45 and a 52-week high of $214.90.

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.