Asset Dedication LLC Has $983,000 Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Asset Dedication LLC raised its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 27.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,152 shares of the company’s stock after purchasing an additional 1,125 shares during the quarter. Asset Dedication LLC’s holdings in iShares S&P 500 Value ETF were worth $983,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IVE. Gateway Wealth Partners LLC increased its stake in shares of iShares S&P 500 Value ETF by 9.2% during the fourth quarter. Gateway Wealth Partners LLC now owns 11,178 shares of the company’s stock worth $2,134,000 after purchasing an additional 945 shares during the period. Signature Wealth Management Partners LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 8.3% during the fourth quarter. Signature Wealth Management Partners LLC now owns 65,480 shares of the company’s stock worth $12,499,000 after buying an additional 5,025 shares in the last quarter. SteelPeak Wealth LLC grew its stake in shares of iShares S&P 500 Value ETF by 3.6% in the fourth quarter. SteelPeak Wealth LLC now owns 79,816 shares of the company’s stock valued at $15,235,000 after acquiring an additional 2,809 shares in the last quarter. Mayflower Financial Advisors LLC grew its stake in shares of iShares S&P 500 Value ETF by 7.4% in the fourth quarter. Mayflower Financial Advisors LLC now owns 30,338 shares of the company’s stock valued at $5,791,000 after acquiring an additional 2,101 shares in the last quarter. Finally, Spectrum Planning & Advisory Services Inc. increased its position in iShares S&P 500 Value ETF by 7.9% during the fourth quarter. Spectrum Planning & Advisory Services Inc. now owns 21,028 shares of the company’s stock worth $4,014,000 after acquiring an additional 1,534 shares during the period.

iShares S&P 500 Value ETF Stock Down 0.2 %

Shares of iShares S&P 500 Value ETF stock opened at $197.15 on Thursday. The company has a 50-day simple moving average of $196.30 and a two-hundred day simple moving average of $194.80. iShares S&P 500 Value ETF has a twelve month low of $173.01 and a twelve month high of $206.63. The stock has a market capitalization of $35.32 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

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.