Potentia Wealth Purchases New Shares in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Potentia Wealth purchased a new stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,384 shares of the company’s stock, valued at approximately $646,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. PKS Advisory Services LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at about $3,172,000. Signature Estate & Investment Advisors LLC lifted its holdings in iShares S&P 500 Value ETF by 54.4% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 4,093 shares of the company’s stock worth $781,000 after purchasing an additional 1,442 shares during the last quarter. TIAA Trust National Association boosted its position in shares of iShares S&P 500 Value ETF by 1.2% in the fourth quarter. TIAA Trust National Association now owns 17,595 shares of the company’s stock valued at $3,358,000 after acquiring an additional 216 shares during the period. FineMark National Bank & Trust grew its position in shares of iShares S&P 500 Value ETF by 2.0% during the 4th quarter. FineMark National Bank & Trust now owns 83,012 shares of the company’s stock worth $15,845,000 after purchasing an additional 1,618 shares in the last quarter. Finally, Modern Wealth Management LLC increased its stake in iShares S&P 500 Value ETF by 125.3% during the 4th quarter. Modern Wealth Management LLC now owns 18,033 shares of the company’s stock worth $3,522,000 after acquiring an additional 10,030 shares during the period.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE stock opened at $191.82 on Tuesday. The company has a market cap of $37.35 billion, a PE ratio of 21.80 and a beta of 0.94. iShares S&P 500 Value ETF has a fifty-two week low of $176.09 and a fifty-two week high of $206.63. The stock’s fifty day moving average price is $194.28 and its two-hundred day moving average price is $196.03.

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.