Bush Investment Group LLC Boosts Stake in iShares S&P 500 Value ETF $IVE

Bush Investment Group LLC lifted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 44.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,919 shares of the company’s stock after buying an additional 6,450 shares during the period. iShares S&P 500 Value ETF comprises approximately 2.5% of Bush Investment Group LLC’s holdings, making the stock its 9th largest holding. Bush Investment Group LLC’s holdings in iShares S&P 500 Value ETF were worth $4,436,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in IVE. Flagship Private Wealth LLC grew its stake in iShares S&P 500 Value ETF by 1.1% during the fourth quarter. Flagship Private Wealth LLC now owns 4,250 shares of the company’s stock worth $901,000 after buying an additional 48 shares during the last quarter. Patten & Patten Inc. TN boosted its holdings in shares of iShares S&P 500 Value ETF by 4.8% in the 4th quarter. Patten & Patten Inc. TN now owns 1,048 shares of the company’s stock worth $222,000 after acquiring an additional 48 shares in the last quarter. Bernardo Wealth Planning LLC grew its position in iShares S&P 500 Value ETF by 0.5% during the 4th quarter. Bernardo Wealth Planning LLC now owns 9,495 shares of the company’s stock worth $2,014,000 after acquiring an additional 49 shares during the last quarter. Stegner Investment Associates Inc. grew its position in iShares S&P 500 Value ETF by 0.3% during the 4th quarter. Stegner Investment Associates Inc. now owns 16,304 shares of the company’s stock worth $3,457,000 after acquiring an additional 49 shares during the last quarter. Finally, Rossby Financial LCC increased its holdings in iShares S&P 500 Value ETF by 6.6% during the 4th quarter. Rossby Financial LCC now owns 807 shares of the company’s stock valued at $171,000 after purchasing an additional 50 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

iShares S&P 500 Value ETF stock opened at $226.38 on Friday. The firm has a market cap of $49.98 billion, a P/E ratio of 20.70 and a beta of 0.82. The business’s fifty day moving average is $224.14 and its two-hundred day moving average is $218.40. iShares S&P 500 Value ETF has a 52 week low of $189.67 and a 52 week high of $230.05.

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. 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.