iShares S&P 500 Value ETF $IVE is Twin Peaks Wealth Advisors LLC’s 2nd Largest Position

Twin Peaks Wealth Advisors LLC raised its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 68.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 53,743 shares of the company’s stock after buying an additional 21,818 shares during the quarter. iShares S&P 500 Value ETF comprises 3.5% of Twin Peaks Wealth Advisors LLC’s investment portfolio, making the stock its 2nd largest position. Twin Peaks Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $11,909,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. COFG Advisors LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter worth approximately $2,115,000. Sage Investment Advisers LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter worth approximately $3,969,000. Peapack Gladstone Financial Corp raised its stake in shares of iShares S&P 500 Value ETF by 16.7% in the fourth quarter. Peapack Gladstone Financial Corp now owns 152,850 shares of the company’s stock worth $32,414,000 after purchasing an additional 21,863 shares during the last quarter. Rothschild Wealth LLC raised its stake in shares of iShares S&P 500 Value ETF by 72.6% in the fourth quarter. Rothschild Wealth LLC now owns 116,756 shares of the company’s stock worth $24,761,000 after purchasing an additional 49,101 shares during the last quarter. Finally, Elm Partners Management LLC raised its stake in shares of iShares S&P 500 Value ETF by 1.2% in the fourth quarter. Elm Partners Management LLC now owns 7,791 shares of the company’s stock worth $1,652,000 after purchasing an additional 94 shares during the last quarter.

iShares S&P 500 Value ETF Stock Down 0.5%

Shares of iShares S&P 500 Value ETF stock opened at $226.71 on Tuesday. The company has a market cap of $50.06 billion, a PE ratio of 20.70 and a beta of 0.83. iShares S&P 500 Value ETF has a 52 week low of $187.50 and a 52 week high of $228.95. The business has a 50 day moving average price of $219.58 and a 200-day moving average price of $216.64.

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.