Truist Financial Corp Purchases 46,151 Shares of iShares S&P 500 Value ETF $IVE

Truist Financial Corp lifted its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 8.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 590,205 shares of the company’s stock after acquiring an additional 46,151 shares during the quarter. Truist Financial Corp’s holdings in iShares S&P 500 Value ETF were worth $125,165,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Avidian Wealth Enterprises LLC grew its stake in shares of iShares S&P 500 Value ETF by 11.8% in the 4th quarter. Avidian Wealth Enterprises LLC now owns 48,978 shares of the company’s stock worth $10,387,000 after acquiring an additional 5,183 shares in the last quarter. B.O.S.S. Retirement Advisors LLC grew its stake in shares of iShares S&P 500 Value ETF by 244.2% in the 4th quarter. B.O.S.S. Retirement Advisors LLC now owns 36,230 shares of the company’s stock worth $7,683,000 after acquiring an additional 25,703 shares in the last quarter. Carbahal Olsen Financial Services Group LLC grew its position in iShares S&P 500 Value ETF by 0.4% during the fourth quarter. Carbahal Olsen Financial Services Group LLC now owns 30,805 shares of the company’s stock valued at $6,533,000 after buying an additional 128 shares during the period. Legacy Edge Advisors LLC bought a new position in iShares S&P 500 Value ETF during the fourth quarter valued at about $791,000. Finally, Pittenger & Anderson Inc. grew its position in iShares S&P 500 Value ETF by 82.4% during the fourth quarter. Pittenger & Anderson Inc. now owns 684 shares of the company’s stock valued at $145,000 after buying an additional 309 shares during the period.

iShares S&P 500 Value ETF Stock Performance

IVE opened at $223.51 on Monday. The firm has a market cap of $49.35 billion, a P/E ratio of 20.70 and a beta of 0.83. The firm has a 50-day moving average of $216.09 and a 200 day moving average of $214.21. iShares S&P 500 Value ETF has a fifty-two week low of $183.05 and a fifty-two week high of $225.26.

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.