Leo Wealth LLC Grows Stake in iShares S&P 500 Value ETF $IVE

Leo Wealth LLC raised its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 486.1% in the fourth quarter, HoldingsChannel reports. The firm owned 22,341 shares of the company’s stock after acquiring an additional 18,529 shares during the period. Leo Wealth LLC’s holdings in iShares S&P 500 Value ETF were worth $4,738,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in IVE. REAP Financial Group LLC grew its position in shares of iShares S&P 500 Value ETF by 9.7% during the 3rd quarter. REAP Financial Group LLC now owns 542 shares of the company’s stock worth $112,000 after buying an additional 48 shares in the last quarter. Dumont & Blake Investment Advisors LLC raised its holdings in shares of iShares S&P 500 Value ETF by 0.5% in the third quarter. Dumont & Blake Investment Advisors LLC now owns 10,795 shares of the company’s stock valued at $2,229,000 after acquiring an additional 49 shares in the last quarter. Signal Advisors Wealth LLC raised its holdings in shares of iShares S&P 500 Value ETF by 0.6% in the third quarter. Signal Advisors Wealth LLC now owns 9,010 shares of the company’s stock valued at $1,861,000 after acquiring an additional 51 shares in the last quarter. Rossby Financial LCC lifted its stake in iShares S&P 500 Value ETF by 7.5% in the third quarter. Rossby Financial LCC now owns 757 shares of the company’s stock worth $157,000 after acquiring an additional 53 shares during the period. Finally, CPC Advisors LLC grew its holdings in iShares S&P 500 Value ETF by 4.9% during the 3rd quarter. CPC Advisors LLC now owns 1,255 shares of the company’s stock worth $259,000 after acquiring an additional 59 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of iShares S&P 500 Value ETF stock opened at $211.86 on Monday. The stock has a market cap of $46.76 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89. The firm’s 50-day moving average is $216.44 and its two-hundred day moving average is $212.51. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year 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.