Elevation Point Wealth Partners LLC Boosts Position in iShares S&P 500 Value ETF $IVE

Elevation Point Wealth Partners LLC raised its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 126.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 61,835 shares of the company’s stock after acquiring an additional 34,511 shares during the period. Elevation Point Wealth Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $13,056,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Flagship Private Wealth LLC lifted its position 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 valued at $901,000 after purchasing an additional 48 shares during the period. Patten & Patten Inc. TN grew its position in iShares S&P 500 Value ETF by 4.8% during the 4th quarter. Patten & Patten Inc. TN now owns 1,048 shares of the company’s stock worth $222,000 after purchasing an additional 48 shares during the period. 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 purchasing an additional 49 shares during the period. Stegner Investment Associates Inc. raised its stake in shares of 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 valued at $3,457,000 after buying an additional 49 shares during the last quarter. Finally, Rossby Financial LCC raised its stake in shares of 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 buying an additional 50 shares during the last quarter.

iShares S&P 500 Value ETF Stock Up 1.1%

Shares of IVE stock opened at $230.20 on Friday. The stock has a market cap of $48.32 billion, a PE ratio of 20.70 and a beta of 0.82. The business has a 50-day simple moving average of $225.72 and a 200-day simple moving average of $219.39. iShares S&P 500 Value ETF has a 52-week low of $193.90 and a 52-week high of $230.26.

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.