iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Bought by Valley Wealth Managers Inc.

Valley Wealth Managers Inc. grew its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 39.9% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,435 shares of the company’s stock after buying an additional 409 shares during the quarter. Valley Wealth Managers Inc.’s holdings in iShares S&P 500 Value ETF were worth $268,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of IVE. Palisade Asset Management LLC purchased a new position in shares of iShares S&P 500 Value ETF during the first quarter worth $26,000. Vima LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter worth approximately $27,000. Northwest Investment Counselors LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter worth approximately $29,000. First Pacific Financial acquired a new position in shares of iShares S&P 500 Value ETF during the 4th quarter worth approximately $30,000. Finally, Sound Income Strategies LLC acquired a new position in shares of iShares S&P 500 Value ETF during the 4th quarter worth approximately $35,000.

iShares S&P 500 Value ETF Price Performance

IVE traded up $1.61 during trading on Thursday, hitting $184.86. The company’s stock had a trading volume of 428,811 shares, compared to its average volume of 781,737. The stock has a market cap of $33.12 billion, a PE ratio of 23.79 and a beta of 0.81. The firm’s 50 day moving average price is $182.75 and its 200-day moving average price is $179.84. iShares S&P 500 Value ETF has a twelve month low of $147.23 and a twelve month high of $187.24.

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.