1,993 Shares in iShares S&P 500 Value ETF (NYSEARCA:IVE) Bought by Golden State Wealth Management LLC

Golden State Wealth Management LLC acquired a new stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 1,993 shares of the company’s stock, valued at approximately $380,000.

Several other institutional investors have also added to or reduced their stakes in the stock. Gilliland Jeter Wealth Management LLC raised its holdings in iShares S&P 500 Value ETF by 41.2% in the fourth quarter. Gilliland Jeter Wealth Management LLC now owns 1,556 shares of the company’s stock worth $297,000 after purchasing an additional 454 shares in the last quarter. Fairvoy Private Wealth LLC bought a new position in shares of iShares S&P 500 Value ETF in the 4th quarter worth about $499,000. Encompass Wealth Advisors LLC lifted its position in iShares S&P 500 Value ETF by 3.9% during the 4th quarter. Encompass Wealth Advisors LLC now owns 156,214 shares of the company’s stock valued at $29,818,000 after acquiring an additional 5,915 shares during the period. Financial Synergies Wealth Advisors Inc. boosted its stake in iShares S&P 500 Value ETF by 0.6% during the fourth quarter. Financial Synergies Wealth Advisors Inc. now owns 28,709 shares of the company’s stock worth $5,480,000 after acquiring an additional 160 shares in the last quarter. Finally, Telos Capital Management Inc. grew its holdings in iShares S&P 500 Value ETF by 1.3% in the fourth quarter. Telos Capital Management Inc. now owns 16,047 shares of the company’s stock worth $3,063,000 after purchasing an additional 202 shares during the period.

iShares S&P 500 Value ETF Trading Down 0.8 %

Shares of NYSEARCA:IVE opened at $194.62 on Friday. The stock has a fifty day simple moving average of $195.24 and a two-hundred day simple moving average of $195.10. iShares S&P 500 Value ETF has a 12-month low of $173.01 and a 12-month high of $206.63. The stock has a market capitalization of $34.87 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

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.