Spectrum Planning & Advisory Services Inc. Grows Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Spectrum Planning & Advisory Services Inc. raised its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 21,028 shares of the company’s stock after acquiring an additional 1,534 shares during the quarter. iShares S&P 500 Value ETF makes up approximately 3.5% of Spectrum Planning & Advisory Services Inc.’s holdings, making the stock its 10th biggest position. Spectrum Planning & Advisory Services Inc.’s holdings in iShares S&P 500 Value ETF were worth $4,014,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of iShares S&P 500 Value ETF by 100.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock worth $29,000 after purchasing an additional 76 shares during the last quarter. Northwest Investment Counselors LLC bought a new position in shares of iShares S&P 500 Value ETF in the third quarter valued at $31,000. Valued Wealth Advisors LLC acquired a new position in iShares S&P 500 Value ETF during the third quarter worth $35,000. Perkins Coie Trust Co bought a new stake in iShares S&P 500 Value ETF during the fourth quarter worth $35,000. Finally, Copley Financial Group Inc. bought a new stake in iShares S&P 500 Value ETF during the third quarter worth $36,000.

iShares S&P 500 Value ETF Price Performance

Shares of IVE opened at $197.53 on Wednesday. The firm has a 50-day moving average of $196.34 and a 200-day moving average of $194.72. The company has a market cap of $35.39 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a one year low of $173.01 and a one year high of $206.63.

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.