Spire Wealth Management Acquires 3,852 Shares of iShares S&P 500 Value ETF $IVE

Spire Wealth Management grew its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 124,779 shares of the company’s stock after acquiring an additional 3,852 shares during the quarter. iShares S&P 500 Value ETF accounts for approximately 0.9% of Spire Wealth Management’s investment portfolio, making the stock its 16th largest position. Spire Wealth Management owned 0.06% of iShares S&P 500 Value ETF worth $26,462,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in IVE. United Services Automobile Association bought a new stake in shares of iShares S&P 500 Value ETF during the 2nd quarter valued at approximately $26,000. Palisade Asset Management LLC acquired a new position in iShares S&P 500 Value ETF during the 3rd quarter worth approximately $29,000. Ransom Advisory Ltd bought a new position in iShares S&P 500 Value ETF in the 4th quarter valued at approximately $31,000. Center for Financial Planning Inc. bought a new position in iShares S&P 500 Value ETF in the 3rd quarter valued at approximately $32,000. Finally, Tripletail Wealth Management LLC acquired a new stake in iShares S&P 500 Value ETF in the third quarter valued at approximately $37,000.

iShares S&P 500 Value ETF Price Performance

Shares of iShares S&P 500 Value ETF stock opened at $207.57 on Friday. The company’s 50 day moving average price is $216.98 and its two-hundred day moving average price is $212.19. The firm has a market capitalization of $46.89 billion, a P/E ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a fifty-two week low of $165.45 and a fifty-two week high of $223.05.

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.