Fairvoy Private Wealth LLC Acquires 9,004 Shares of iShares S&P 500 Value ETF $IVE

Fairvoy Private Wealth LLC increased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 414.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,178 shares of the company’s stock after purchasing an additional 9,004 shares during the quarter. Fairvoy Private Wealth LLC’s holdings in iShares S&P 500 Value ETF were worth $2,360,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Simplex Trading LLC purchased a new stake in iShares S&P 500 Value ETF during the 4th quarter valued at approximately $25,000. Hilton Head Capital Partners LLC bought a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter valued at approximately $25,000. Decker Retirement Planning Inc. purchased a new position in shares of iShares S&P 500 Value ETF in the fourth quarter worth $26,000. United Services Automobile Association purchased a new position in shares of iShares S&P 500 Value ETF in the second quarter worth $26,000. Finally, Palisade Asset Management LLC purchased a new position in shares of iShares S&P 500 Value ETF in the third quarter worth $29,000.

iShares S&P 500 Value ETF Stock Performance

IVE opened at $226.09 on Friday. The stock has a market capitalization of $49.92 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. The company has a fifty day moving average of $224.91 and a 200 day moving average of $218.86. iShares S&P 500 Value ETF has a fifty-two week low of $192.90 and a fifty-two 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.