iShares S&P 500 Value ETF $IVE Shares Acquired by Horst & Graben Wealth Management LLC

Horst & Graben Wealth Management LLC lifted its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.4% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 155,140 shares of the company’s stock after buying an additional 5,057 shares during the quarter. iShares S&P 500 Value ETF comprises 4.8% of Horst & Graben Wealth Management LLC’s holdings, making the stock its 3rd biggest position. Horst & Graben Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $34,140,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of IVE. Simplex Trading LLC purchased a new position in shares of iShares S&P 500 Value ETF during the 4th quarter worth $25,000. Hilton Head Capital Partners LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at $25,000. Decker Retirement Planning Inc. purchased a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at $26,000. United Services Automobile Association acquired a new position in iShares S&P 500 Value ETF in the second quarter valued at $26,000. Finally, Palisade Asset Management LLC acquired a new position in iShares S&P 500 Value ETF in the third quarter valued at $29,000.

iShares S&P 500 Value ETF Trading Down 0.1%

NYSEARCA IVE opened at $230.78 on Wednesday. The business’s 50-day moving average price is $226.32 and its 200 day moving average price is $219.78. iShares S&P 500 Value ETF has a twelve month low of $193.90 and a twelve month high of $232.28. The company has a market capitalization of $48.66 billion, a PE ratio of 20.70 and a beta of 0.82.

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.