Mather Group LLC. Raises Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Mather Group LLC. grew its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 31.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,326 shares of the company’s stock after buying an additional 1,998 shares during the quarter. Mather Group LLC.’s holdings in iShares S&P 500 Value ETF were worth $1,642,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in IVE. Palisade Asset Management LLC purchased a new stake in iShares S&P 500 Value ETF in the 1st quarter worth $26,000. Vima LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at about $27,000. CarsonAllaria Wealth Management Ltd. increased its stake in shares of iShares S&P 500 Value ETF by 289.5% during the first quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock worth $28,000 after purchasing an additional 110 shares in the last quarter. Northwest Investment Counselors LLC acquired a new position in shares of iShares S&P 500 Value ETF during the 1st quarter worth about $29,000. Finally, Fortis Group Advisors LLC lifted its stake in iShares S&P 500 Value ETF by 100.0% in the 4th quarter. Fortis Group Advisors LLC now owns 200 shares of the company’s stock valued at $35,000 after buying an additional 100 shares in the last quarter.

iShares S&P 500 Value ETF Trading Up 0.2 %

IVE stock opened at $195.54 on Wednesday. iShares S&P 500 Value ETF has a 12-month low of $147.23 and a 12-month high of $197.63. The business’s 50-day moving average is $192.41 and its 200 day moving average is $186.37. The stock has a market cap of $35.03 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

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.