Regal Wealth Group Inc. Boosts Stake in iShares S&P 500 Value ETF (IVE)

Regal Wealth Group Inc. raised its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 31.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 151,323 shares of the company’s stock after acquiring an additional 36,043 shares during the period. iShares S&P 500 Value ETF comprises about 12.3% of Regal Wealth Group Inc.’s investment portfolio, making the stock its 2nd largest position. Regal Wealth Group Inc. owned 0.11% of iShares S&P 500 Value ETF worth $17,060,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently made changes to their positions in IVE. Newman Dignan & Sheerar Inc. raised its position in shares of iShares S&P 500 Value ETF by 6.5% in the first quarter. Newman Dignan & Sheerar Inc. now owns 4,579 shares of the company’s stock worth $516,000 after buying an additional 280 shares in the last quarter. Vigilant Capital Management LLC raised its position in iShares S&P 500 Value ETF by 59.4% during the 1st quarter. Vigilant Capital Management LLC now owns 1,006 shares of the company’s stock worth $113,000 after buying an additional 375 shares during the last quarter. Bank of The West raised its position in iShares S&P 500 Value ETF by 21.5% during the 1st quarter. Bank of The West now owns 57,773 shares of the company’s stock worth $6,513,000 after buying an additional 10,236 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC raised its position in iShares S&P 500 Value ETF by 7.8% during the 1st quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 579,822 shares of the company’s stock worth $65,369,000 after buying an additional 42,156 shares during the last quarter. Finally, Quad Cities Investment Group LLC raised its position in iShares S&P 500 Value ETF by 1,564.3% during the 1st quarter. Quad Cities Investment Group LLC now owns 233 shares of the company’s stock worth $26,000 after buying an additional 219 shares during the last quarter.

iShares S&P 500 Value ETF stock traded down $0.05 during trading hours on Wednesday, reaching $116.39. 47,973 shares of the stock were exchanged, compared to its average volume of 1,143,633. iShares S&P 500 Value ETF has a 52-week low of $94.72 and a 52-week high of $118.81.

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Thursday, March 21st were paid a dividend of $0.6411 per share. The ex-dividend date was Wednesday, March 20th. This represents a $2.56 dividend on an annualized basis and a dividend yield of 2.20%.

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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.

See Also: What is Cost of Goods Sold (COGS)?

Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

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