VSM Wealth Advisory LLC Invests $454,000 in iShares S&P 500 Value ETF (NYSEARCA:IVE)

VSM Wealth Advisory LLC acquired a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 2,378 shares of the company’s stock, valued at approximately $454,000.

Several other hedge funds also recently modified their holdings of IVE. Natixis Advisors LLC increased its holdings in shares of iShares S&P 500 Value ETF by 5.2% during the third quarter. Natixis Advisors LLC now owns 30,156 shares of the company’s stock worth $5,946,000 after buying an additional 1,484 shares in the last quarter. Thrivent Financial for Lutherans grew its stake in shares of iShares S&P 500 Value ETF by 21.3% during the third quarter. Thrivent Financial for Lutherans now owns 234,487 shares of the company’s stock valued at $46,241,000 after purchasing an additional 41,123 shares during the last quarter. Aviance Capital Partners LLC bought a new stake in shares of iShares S&P 500 Value ETF during the third quarter valued at approximately $215,000. Amara Financial LLC. bought a new stake in shares of iShares S&P 500 Value ETF during the third quarter valued at approximately $574,000. Finally, Pathstone Holdings LLC grew its stake in shares of iShares S&P 500 Value ETF by 0.8% during the third quarter. Pathstone Holdings LLC now owns 118,812 shares of the company’s stock valued at $23,426,000 after purchasing an additional 926 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

IVE opened at $189.43 on Wednesday. iShares S&P 500 Value ETF has a one year low of $176.09 and a one year high of $206.63. The company’s 50 day simple moving average is $194.23 and its 200-day simple moving average is $196.14. The stock has a market capitalization of $36.80 billion, a P/E ratio of 22.06 and a beta of 0.94.

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.