Wealthgarden F.S. LLC Buys 2,489 Shares of iShares S&P 500 Value ETF $IVE

Wealthgarden F.S. LLC lifted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 72.2% in the fourth quarter, Holdings Channel.com reports. The fund owned 5,935 shares of the company’s stock after purchasing an additional 2,489 shares during the period. Wealthgarden F.S. LLC’s holdings in iShares S&P 500 Value ETF were worth $1,289,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in IVE. Brighton Jones LLC boosted its stake in iShares S&P 500 Value ETF by 0.8% during the fourth quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock valued at $2,679,000 after buying an additional 112 shares during the period. Great Lakes Advisors LLC lifted its stake in iShares S&P 500 Value ETF by 6,385.7% during the first quarter. Great Lakes Advisors LLC now owns 454 shares of the company’s stock worth $83,000 after purchasing an additional 447 shares during the last quarter. Schnieders Capital Management LLC. bought a new stake in iShares S&P 500 Value ETF during the second quarter worth about $550,000. Russell Investments Group Ltd. increased its holdings in shares of iShares S&P 500 Value ETF by 28.8% in the second quarter. Russell Investments Group Ltd. now owns 2,131 shares of the company’s stock worth $416,000 after buying an additional 477 shares during the period. Finally, First Trust Advisors LP increased its holdings in shares of iShares S&P 500 Value ETF by 2.8% in the second quarter. First Trust Advisors LP now owns 26,527 shares of the company’s stock worth $5,184,000 after buying an additional 731 shares during the period.

iShares S&P 500 Value ETF Trading Down 1.1%

IVE opened at $226.54 on Friday. The company has a market cap of $50.02 billion, a P/E ratio of 20.70 and a beta of 0.82. The business’s 50-day moving average price is $221.01 and its 200-day moving average price is $217.08. iShares S&P 500 Value ETF has a 12 month low of $189.66 and a 12 month high of $229.53.

About iShares S&P 500 Value ETF

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.