SteelPeak Wealth LLC Buys 2,809 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

SteelPeak Wealth LLC lifted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 79,816 shares of the company’s stock after purchasing an additional 2,809 shares during the quarter. SteelPeak Wealth LLC’s holdings in iShares S&P 500 Value ETF were worth $15,235,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. increased its holdings in iShares S&P 500 Value ETF by 100.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock worth $29,000 after purchasing an additional 76 shares in the last quarter. Northwest Investment Counselors LLC bought a new stake in shares of iShares S&P 500 Value ETF during the third quarter worth about $31,000. Valued Wealth Advisors LLC acquired a new position in shares of iShares S&P 500 Value ETF in the third quarter valued at approximately $35,000. Perkins Coie Trust Co bought a new position in iShares S&P 500 Value ETF in the 4th quarter valued at approximately $35,000. Finally, Copley Financial Group Inc. acquired a new stake in iShares S&P 500 Value ETF during the 3rd quarter worth approximately $36,000.

iShares S&P 500 Value ETF Price Performance

IVE opened at $197.53 on Wednesday. The company’s 50 day moving average price is $196.34 and its two-hundred day moving average price is $194.72. The firm has a market capitalization of $35.39 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a fifty-two week low of $173.01 and a fifty-two week high of $206.63.

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.