Gallagher Capital Advisors LLC Raises Stock Position in iShares S&P 500 Value ETF $IVE

Gallagher Capital Advisors LLC lifted its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3,223.2% in the 1st quarter, Holdings Channel reports. The institutional investor owned 158,615 shares of the company’s stock after acquiring an additional 153,842 shares during the period. iShares S&P 500 Value ETF accounts for about 20.7% of Gallagher Capital Advisors LLC’s portfolio, making the stock its biggest position. Gallagher Capital Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $33,492,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Wealthfront Advisers LLC grew its holdings in iShares S&P 500 Value ETF by 17.4% during the 1st quarter. Wealthfront Advisers LLC now owns 2,228 shares of the company’s stock worth $470,000 after acquiring an additional 331 shares during the period. Ethos Financial Group LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter valued at $286,000. Signet Financial Management LLC acquired a new position in shares of iShares S&P 500 Value ETF in the 1st quarter valued at $266,000. SouthState Bank Corp lifted its stake in shares of iShares S&P 500 Value ETF by 2.8% in the 1st quarter. SouthState Bank Corp now owns 4,374 shares of the company’s stock valued at $924,000 after purchasing an additional 118 shares during the period. Finally, Sigma Planning Corp boosted its position in shares of iShares S&P 500 Value ETF by 1.8% in the 1st quarter. Sigma Planning Corp now owns 107,919 shares of the company’s stock worth $22,787,000 after purchasing an additional 1,907 shares during the last quarter.

iShares S&P 500 Value ETF Stock Up 0.1%

Shares of iShares S&P 500 Value ETF stock opened at $230.25 on Thursday. iShares S&P 500 Value ETF has a 12 month low of $193.90 and a 12 month high of $232.28. The business has a fifty day simple moving average of $227.26 and a 200 day simple moving average of $220.50. The stock has a market cap of $48.65 billion, a PE ratio of 20.70 and a beta of 0.82.

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.