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

SteelPeak Wealth LLC boosted its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. 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.

A number of other institutional investors and hedge funds have also recently made changes to their positions in IVE. Truist Financial Corp raised its stake in iShares S&P 500 Value ETF by 5.4% in the second quarter. Truist Financial Corp now owns 429,478 shares of the company’s stock valued at $78,169,000 after purchasing an additional 22,167 shares in the last quarter. New Century Financial Group LLC acquired a new position in shares of iShares S&P 500 Value ETF in the 2nd quarter valued at approximately $397,000. Kestra Investment Management LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 2nd quarter worth approximately $17,223,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of iShares S&P 500 Value ETF during the 2nd quarter worth approximately $91,000. Finally, Sanctuary Advisors LLC bought a new position in iShares S&P 500 Value ETF in the second quarter valued at approximately $82,555,000.

iShares S&P 500 Value ETF Price Performance

Shares of IVE opened at $197.53 on Wednesday. The firm has a 50 day simple moving average of $196.34 and a two-hundred day simple moving average of $194.72. iShares S&P 500 Value ETF has a one year low of $173.01 and a one year high of $206.63. The company has a market cap of $35.39 billion, a P/E ratio of 23.79 and a beta of 0.81.

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.