5T Wealth LLC Buys New Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

5T Wealth LLC bought a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 25,845 shares of the company’s stock, valued at approximately $4,934,000. iShares S&P 500 Value ETF accounts for about 2.7% of 5T Wealth LLC’s portfolio, making the stock its 6th biggest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in IVE. LexAurum Advisors LLC increased its holdings in iShares S&P 500 Value ETF by 47.2% during the 4th quarter. LexAurum Advisors LLC now owns 3,846 shares of the company’s stock valued at $734,000 after purchasing an additional 1,233 shares in the last quarter. Financial Synergies Wealth Advisors Inc. grew its position in shares of iShares S&P 500 Value ETF by 0.6% during the 4th quarter. Financial Synergies Wealth Advisors Inc. now owns 28,709 shares of the company’s stock worth $5,480,000 after buying an additional 160 shares during the period. DAVENPORT & Co LLC grew its stake in iShares S&P 500 Value ETF by 10.9% in the fourth quarter. DAVENPORT & Co LLC now owns 3,783 shares of the company’s stock valued at $722,000 after acquiring an additional 372 shares during the period. Equitable Trust Co. acquired a new position in shares of iShares S&P 500 Value ETF in the fourth quarter valued at approximately $5,806,000. Finally, EP Wealth Advisors LLC raised its stake in shares of iShares S&P 500 Value ETF by 3.6% in the 3rd quarter. EP Wealth Advisors LLC now owns 40,055 shares of the company’s stock valued at $7,898,000 after purchasing an additional 1,387 shares during the period.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA IVE opened at $196.62 on Monday. The stock has a market capitalization of $35.22 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a fifty-two week low of $175.71 and a fifty-two week high of $206.63. The business has a 50-day moving average of $194.31 and a 200-day moving average of $195.46.

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.