Twin Peaks Wealth Advisors LLC Buys 1,873 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Twin Peaks Wealth Advisors LLC raised its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 15.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 13,669 shares of the company’s stock after buying an additional 1,873 shares during the period. iShares S&P 500 Value ETF comprises approximately 1.1% of Twin Peaks Wealth Advisors LLC’s holdings, making the stock its 26th largest holding. Twin Peaks Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $2,609,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in IVE. Stifel Financial Corp lifted its holdings in iShares S&P 500 Value ETF by 2.5% in 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 during the period. PNC Financial Services Group Inc. raised its position in shares of iShares S&P 500 Value ETF by 7.6% during the 3rd 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 last quarter. Huntington National Bank raised its position in shares of iShares S&P 500 Value ETF by 6.9% during the 3rd quarter. Huntington National Bank now owns 1,045,926 shares of the company’s stock valued at $206,225,000 after acquiring an additional 67,448 shares during the last quarter. Park Avenue Securities LLC lifted its stake in shares of iShares S&P 500 Value ETF by 5.8% in the 4th quarter. Park Avenue Securities LLC now owns 947,689 shares of the company’s stock valued at $180,895,000 after purchasing an additional 51,773 shares during the period. Finally, MAI Capital Management boosted its position in shares of iShares S&P 500 Value ETF by 1.8% in the 3rd quarter. MAI Capital Management now owns 754,586 shares of the company’s stock worth $148,782,000 after purchasing an additional 13,079 shares during the last quarter.

iShares S&P 500 Value ETF Trading Up 0.1 %

NYSEARCA IVE opened at $196.65 on Tuesday. iShares S&P 500 Value ETF has a 12 month low of $176.09 and a 12 month high of $206.63. The stock has a 50-day simple moving average of $194.13 and a 200 day simple moving average of $196.02. The company has a market capitalization of $35.87 billion, a PE ratio of 22.47 and a beta of 0.95.

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.