iShares S&P 500 Value ETF $IVE Stock: West Wealth Group LLC Increases Stake

West Wealth Group LLC boosted its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.0% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 259,301 shares of the company’s stock after purchasing an additional 10,003 shares during the period. iShares S&P 500 Value ETF comprises 6.3% of West Wealth Group LLC’s investment portfolio, making the stock its 4th biggest position. West Wealth Group LLC owned approximately 0.12% of iShares S&P 500 Value ETF worth $59,193,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. RMG Wealth Management LLC purchased a new position in shares of iShares S&P 500 Value ETF in the 1st quarter worth approximately $27,000. Sankala Group LLC bought a new position in shares of iShares S&P 500 Value ETF in the fourth quarter valued at approximately $35,000. Indiana Trust & Investment Management Co increased its position in shares of iShares S&P 500 Value ETF by 107.6% during the first quarter. Indiana Trust & Investment Management Co now owns 191 shares of the company’s stock valued at $40,000 after acquiring an additional 99 shares during the last quarter. Abound Financial LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter valued at approximately $43,000. Finally, First Bancorp Inc ME purchased a new stake in shares of iShares S&P 500 Value ETF during the second quarter valued at approximately $45,000.

iShares S&P 500 Value ETF Trading Down 0.0%

Shares of iShares S&P 500 Value ETF stock opened at $234.06 on Thursday. The business’s fifty day simple moving average is $234.40 and its 200 day simple moving average is $228.37. The firm has a market capitalization of $49.53 billion, a P/E ratio of 20.70 and a beta of 0.83. iShares S&P 500 Value ETF has a 12 month low of $203.15 and a 12 month high of $239.93.

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.