Transform Wealth LLC Increases Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Transform Wealth LLC raised its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.2% in the 4th quarter, Holdings Channel reports. The firm owned 145,947 shares of the company’s stock after acquiring an additional 3,108 shares during the period. iShares S&P 500 Value ETF makes up 1.5% of Transform Wealth LLC’s investment portfolio, making the stock its 10th largest holding. Transform Wealth LLC’s holdings in iShares S&P 500 Value ETF were worth $27,858,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Stifel Financial Corp increased its position in shares of iShares S&P 500 Value ETF by 2.5% during the 3rd quarter. Stifel Financial Corp now owns 2,488,560 shares of the company’s stock valued at $490,670,000 after purchasing an additional 60,868 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of iShares S&P 500 Value ETF by 7.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock worth $389,537,000 after acquiring an additional 139,651 shares during the last quarter. International Assets Investment Management LLC boosted its holdings in iShares S&P 500 Value ETF by 18,046.1% during the 3rd quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock valued at $262,938,000 after acquiring an additional 1,326,211 shares during the period. Huntington National Bank grew its holdings in shares of iShares S&P 500 Value ETF by 6.9% in the third quarter. Huntington National Bank now owns 1,045,926 shares of the company’s stock worth $206,225,000 after purchasing an additional 67,448 shares during the last quarter. Finally, Park Avenue Securities LLC increased its position in shares of iShares S&P 500 Value ETF by 5.8% during the fourth quarter. Park Avenue Securities LLC now owns 947,689 shares of the company’s stock worth $180,895,000 after acquiring an additional 51,773 shares during the period.

iShares S&P 500 Value ETF Stock Up 0.7 %

Shares of NYSEARCA IVE opened at $194.09 on Tuesday. The firm has a market cap of $34.77 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a twelve month low of $170.13 and a twelve month high of $206.63. The business has a fifty day simple moving average of $196.93 and a two-hundred day simple moving average of $194.15.

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.