iShares S&P 500 Value ETF $IVE is Cassaday & Co Wealth Management LLC’s 7th Largest Position

Cassaday & Co Wealth Management LLC lifted its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.8% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,197,963 shares of the company’s stock after buying an additional 44,187 shares during the period. iShares S&P 500 Value ETF makes up approximately 5.4% of Cassaday & Co Wealth Management LLC’s portfolio, making the stock its 7th largest position. Cassaday & Co Wealth Management LLC owned about 0.54% of iShares S&P 500 Value ETF worth $252,950,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Rice Partnership LLC lifted its holdings in iShares S&P 500 Value ETF by 17.3% in the first quarter. Rice Partnership LLC now owns 440 shares of the company’s stock valued at $93,000 after acquiring an additional 65 shares during the last quarter. AlTi Global Inc. increased its stake in iShares S&P 500 Value ETF by 3.2% during the first quarter. AlTi Global Inc. now owns 11,816 shares of the company’s stock worth $2,495,000 after acquiring an additional 363 shares during the last quarter. Earned Wealth Advisors LLC acquired a new stake in iShares S&P 500 Value ETF during the first quarter worth $211,000. Meeder Advisory Services Inc. raised its position in iShares S&P 500 Value ETF by 19.1% in the first quarter. Meeder Advisory Services Inc. now owns 3,016 shares of the company’s stock valued at $637,000 after purchasing an additional 484 shares during the period. Finally, Scarborough Advisors LLC purchased a new stake in iShares S&P 500 Value ETF in the first quarter valued at $19,329,000.

iShares S&P 500 Value ETF Stock Down 0.6%

Shares of iShares S&P 500 Value ETF stock opened at $229.73 on Tuesday. The firm has a market cap of $48.58 billion, a PE ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a 52 week low of $193.90 and a 52 week high of $233.57. The business’s fifty day simple moving average is $227.68 and its 200-day simple moving average is $220.87.

iShares S&P 500 Value ETF Company 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.