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

Mather Group LLC. increased its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 14.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 9,547 shares of the company’s stock after buying an additional 1,221 shares during the quarter. Mather Group LLC.’s holdings in iShares S&P 500 Value ETF were worth $1,822,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IVE. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of iShares S&P 500 Value ETF by 100.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock worth $29,000 after buying an additional 76 shares in the last quarter. Northwest Investment Counselors LLC bought a new position in iShares S&P 500 Value ETF in the 3rd quarter valued at approximately $31,000. Valued Wealth Advisors LLC purchased a new stake in iShares S&P 500 Value ETF during the 3rd quarter valued at $35,000. Perkins Coie Trust Co bought a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter worth $35,000. Finally, Copley Financial Group Inc. purchased a new position in shares of iShares S&P 500 Value ETF in the third quarter worth $36,000.

iShares S&P 500 Value ETF Price Performance

iShares S&P 500 Value ETF stock opened at $195.75 on Wednesday. iShares S&P 500 Value ETF has a one year low of $173.01 and a one year high of $206.63. The business’s fifty day moving average is $195.80 and its 200 day moving average is $195.02. The stock has a market capitalization of $35.07 billion, a PE 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.