SigFig Wealth Management LLC Purchases 14,227 Shares of iShares S&P 500 Value ETF $IVE

SigFig Wealth Management LLC increased its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 33.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 56,540 shares of the company’s stock after buying an additional 14,227 shares during the period. SigFig Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $11,990,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. United Services Automobile Association bought a new stake in iShares S&P 500 Value ETF in the 2nd quarter worth approximately $26,000. Palisade Asset Management LLC bought a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at approximately $29,000. Ransom Advisory Ltd bought a new position in shares of iShares S&P 500 Value ETF during the 4th quarter valued at approximately $31,000. Center for Financial Planning Inc. purchased a new position in shares of iShares S&P 500 Value ETF in the third quarter valued at $32,000. Finally, Tripletail Wealth Management LLC purchased a new position in shares of iShares S&P 500 Value ETF in the third quarter valued at $37,000.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE opened at $211.86 on Friday. The stock has a market capitalization of $47.86 billion, a PE ratio of 20.70 and a beta of 0.89. The company’s fifty day moving average is $216.53 and its 200 day moving average is $212.32. iShares S&P 500 Value ETF has a fifty-two week low of $165.45 and a fifty-two week high of $223.05.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.