Life Planning Partners Inc Invests $15.19 Million in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Life Planning Partners Inc purchased a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 79,597 shares of the company’s stock, valued at approximately $15,193,000.

Other institutional investors have also recently bought and sold shares of the company. Stifel Financial Corp lifted its stake in iShares S&P 500 Value ETF by 2.5% during the third quarter. Stifel Financial Corp now owns 2,488,560 shares of the company’s stock valued at $490,670,000 after buying an additional 60,868 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of iShares S&P 500 Value ETF by 7.6% during the third quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock valued at $389,537,000 after acquiring an additional 139,651 shares during the period. International Assets Investment Management LLC lifted its position in shares of iShares S&P 500 Value ETF by 18,046.1% in the 3rd quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock valued at $262,938,000 after acquiring an additional 1,326,211 shares in the last quarter. Huntington National Bank boosted its stake in iShares S&P 500 Value ETF by 6.9% in the 3rd quarter. Huntington National Bank now owns 1,045,926 shares of the company’s stock worth $206,225,000 after purchasing an additional 67,448 shares during the period. Finally, Park Avenue Securities LLC grew its position in iShares S&P 500 Value ETF by 5.8% during the 4th quarter. Park Avenue Securities LLC now owns 947,689 shares of the company’s stock worth $180,895,000 after purchasing an additional 51,773 shares in the last quarter.

iShares S&P 500 Value ETF Stock Up 0.7 %

IVE opened at $197.04 on Friday. The firm has a market capitalization of $35.30 billion, a P/E ratio of 23.79 and a beta of 0.81. The stock has a fifty day moving average of $194.53 and a 200-day moving average of $195.37. iShares S&P 500 Value ETF has a 12-month low of $174.22 and a 12-month high of $206.63.

About iShares S&P 500 Value ETF

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.