Siligmueller & Norvid Wealth Advisors LLC Purchases 1,408 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Siligmueller & Norvid Wealth Advisors LLC raised its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 6.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 23,140 shares of the company’s stock after acquiring an additional 1,408 shares during the period. iShares S&P 500 Value ETF comprises approximately 1.9% of Siligmueller & Norvid Wealth Advisors LLC’s portfolio, making the stock its 18th biggest holding. Siligmueller & Norvid Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $4,410,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of IVE. Pinney & Scofield Inc. purchased a new position in shares of iShares S&P 500 Value ETF during the fourth quarter valued at approximately $26,000. Providence First Trust Co bought a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at $31,000. Centricity Wealth Management LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter valued at about $34,000. SJS Investment Consulting Inc. bought a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter valued at about $37,000. Finally, Morse Asset Management Inc bought a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter valued at about $41,000.

iShares S&P 500 Value ETF Price Performance

NYSEARCA:IVE opened at $189.90 on Friday. The company’s 50-day simple moving average is $186.36 and its 200 day simple moving average is $190.36. iShares S&P 500 Value ETF has a one year low of $165.45 and a one year high of $206.63. The firm has a market capitalization of $38.07 billion, a P/E ratio of 20.88 and a beta of 0.89.

iShares S&P 500 Value ETF 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.