Ridgeline Wealth LLC Purchases Shares of 2,003 iShares S&P 500 Value ETF (NYSEARCA:IVE)

Ridgeline Wealth LLC acquired a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 2,003 shares of the company’s stock, valued at approximately $382,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in IVE. International Assets Investment Management LLC raised its holdings in shares of iShares S&P 500 Value ETF by 18,046.1% in the 3rd quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock valued at $262,938,000 after acquiring an additional 1,326,211 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in iShares S&P 500 Value ETF during the second quarter valued at approximately $82,555,000. Envestnet Asset Management Inc. grew its stake in iShares S&P 500 Value ETF by 3.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 12,380,397 shares of the company’s stock worth $2,253,356,000 after buying an additional 420,007 shares in the last quarter. Liberty Wealth Management LLC grew its stake in iShares S&P 500 Value ETF by 618.4% in the 2nd quarter. Liberty Wealth Management LLC now owns 411,954 shares of the company’s stock worth $74,980,000 after buying an additional 354,613 shares in the last quarter. Finally, Koss Olinger Consulting LLC bought a new position in shares of iShares S&P 500 Value ETF in the 2nd quarter worth $55,903,000.

iShares S&P 500 Value ETF Stock Up 0.0 %

Shares of NYSEARCA IVE traded up $0.06 during mid-day trading on Monday, reaching $191.51. 638,433 shares of the company were exchanged, compared to its average volume of 1,407,211. iShares S&P 500 Value ETF has a 52 week low of $170.13 and a 52 week high of $206.63. The company’s 50 day moving average price is $198.14 and its 200 day moving average price is $193.51. The stock has a market capitalization of $34.31 billion, a PE 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.