Wealthgarden F.S. LLC Invests $286,000 in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Wealthgarden F.S. LLC acquired a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 1,572 shares of the company’s stock, valued at approximately $286,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Boston Partners grew its stake in iShares S&P 500 Value ETF by 36.9% in the 4th quarter. Boston Partners now owns 1,903 shares of the company’s stock valued at $331,000 after acquiring an additional 513 shares during the period. Janney Montgomery Scott LLC grew its stake in iShares S&P 500 Value ETF by 4.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 151,121 shares of the company’s stock valued at $26,279,000 after acquiring an additional 6,029 shares during the period. Vanguard Personalized Indexing Management LLC acquired a new stake in iShares S&P 500 Value ETF in the 4th quarter valued at $442,000. Savvy Advisors Inc. acquired a new stake in iShares S&P 500 Value ETF in the 4th quarter valued at $254,000. Finally, Apexium Financial LP acquired a new stake in iShares S&P 500 Value ETF in the 4th quarter valued at $934,000.

iShares S&P 500 Value ETF Stock Performance

iShares S&P 500 Value ETF stock opened at $192.22 on Thursday. The company’s fifty day moving average price is $188.91 and its 200 day moving average price is $184.54. iShares S&P 500 Value ETF has a 1 year low of $147.23 and a 1 year high of $196.36. The stock has a market capitalization of $34.44 billion, a P/E ratio of 23.79 and a beta of 0.81.

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.