Thrivent Financial for Lutherans Increases Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Posted by Renee Jackson on Nov 19th, 2024

Thrivent Financial for Lutherans raised its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 21.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 234,487 shares of the company’s stock after buying an additional 41,123 shares during the period. Thrivent Financial for Lutherans owned about 0.13% of iShares S&P 500 Value ETF worth $46,241,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of IVE. Northwest Investment Counselors LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the 3rd quarter worth about $31,000. Valued Wealth Advisors LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the 3rd quarter worth about $35,000. Addison Advisors LLC lifted its position in shares of iShares S&P 500 Value ETF by 50.0% in the 2nd quarter. Addison Advisors LLC now owns 279 shares of the company’s stock worth $51,000 after purchasing an additional 93 shares during the period. TruNorth Capital Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the 2nd quarter worth about $65,000. Finally, Avondale Wealth Management lifted its position in shares of iShares S&P 500 Value ETF by 24.8% in the 2nd quarter. Avondale Wealth Management now owns 362 shares of the company’s stock worth $66,000 after purchasing an additional 72 shares during the period.

iShares S&P 500 Value ETF Trading Up 0.5 %

NYSEARCA:IVE opened at $200.47 on Tuesday. The company has a 50-day moving average price of $197.20 and a 200-day moving average price of $189.82. iShares S&P 500 Value ETF has a 12 month low of $162.43 and a 12 month high of $203.67. The stock has a market cap of $35.91 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

About iShares S&P 500 Value ETF

(Free Report)

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.