Lighthouse Wealth Management Inc. Takes $442,000 Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Lighthouse Wealth Management Inc. purchased a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 2,316 shares of the company’s stock, valued at approximately $442,000. iShares S&P 500 Value ETF accounts for approximately 0.4% of Lighthouse Wealth Management Inc.’s holdings, making the stock its 29th largest holding.

A number of other large investors have also added to or reduced their stakes in IVE. Hsbc Holdings PLC increased its position in shares of iShares S&P 500 Value ETF by 50.3% in the second quarter. Hsbc Holdings PLC now owns 5,605 shares of the company’s stock worth $1,020,000 after purchasing an additional 1,875 shares during the period. Ascent Group LLC increased its holdings in iShares S&P 500 Value ETF by 28.4% in the 2nd quarter. Ascent Group LLC now owns 37,586 shares of the company’s stock valued at $6,841,000 after buying an additional 8,308 shares during the period. Silver Lake Advisory LLC acquired a new position in shares of iShares S&P 500 Value ETF in the 2nd quarter valued at approximately $2,106,000. NewEdge Advisors LLC raised its position in shares of iShares S&P 500 Value ETF by 21.8% in the 2nd quarter. NewEdge Advisors LLC now owns 304,801 shares of the company’s stock valued at $55,477,000 after buying an additional 54,597 shares in the last quarter. Finally, Sunbelt Securities Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 3.7% during the 2nd quarter. Sunbelt Securities Inc. now owns 38,990 shares of the company’s stock worth $7,096,000 after acquiring an additional 1,382 shares during the period.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA:IVE opened at $196.15 on Monday. iShares S&P 500 Value ETF has a 1 year low of $173.01 and a 1 year high of $206.63. The stock has a market capitalization of $35.14 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The company’s 50 day simple moving average is $196.39 and its 200 day simple moving average is $194.62.

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.