Wells Fargo & Company MN Purchases 120,153 Shares of iShares S&P 500 Value ETF $IVE

Wells Fargo & Company MN increased its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,264,139 shares of the company’s stock after purchasing an additional 120,153 shares during the quarter. Wells Fargo & Company MN’s holdings in iShares S&P 500 Value ETF were worth $1,328,436,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Hilton Head Capital Partners LLC purchased a new stake in iShares S&P 500 Value ETF during the fourth quarter worth $25,000. Simplex Trading LLC purchased a new stake in iShares S&P 500 Value ETF during the fourth quarter worth $25,000. United Services Automobile Association purchased a new stake in iShares S&P 500 Value ETF during the second quarter worth $26,000. Decker Retirement Planning Inc. purchased a new stake in iShares S&P 500 Value ETF during the fourth quarter worth $26,000. Finally, Palisade Asset Management LLC purchased a new stake in iShares S&P 500 Value ETF during the third quarter worth $29,000.

iShares S&P 500 Value ETF Stock Up 0.7%

iShares S&P 500 Value ETF stock opened at $228.73 on Friday. The business has a fifty day moving average of $222.71 and a two-hundred day moving average of $217.80. The firm has a market cap of $50.50 billion, a P/E ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a twelve month low of $189.66 and a twelve month high of $229.53.

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. 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.