Siligmueller & Norvid Wealth Advisors LLC Invests $4.15 Million in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Siligmueller & Norvid Wealth Advisors LLC purchased 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 filing with the Securities and Exchange Commission. The fund purchased 21,732 shares of the company’s stock, valued at approximately $4,148,000. iShares S&P 500 Value ETF makes up 1.8% of Siligmueller & Norvid Wealth Advisors LLC’s portfolio, making the stock its 18th largest position.

Other hedge funds and other institutional investors have also modified their holdings of the company. LexAurum Advisors LLC increased its holdings in shares of iShares S&P 500 Value ETF by 47.2% in the 4th quarter. LexAurum Advisors LLC now owns 3,846 shares of the company’s stock valued at $734,000 after acquiring an additional 1,233 shares during the last quarter. Financial Synergies Wealth Advisors Inc. raised its holdings 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 purchasing an additional 160 shares in the last quarter. DAVENPORT & Co LLC lifted its position in shares of iShares S&P 500 Value ETF by 10.9% during the 4th quarter. DAVENPORT & Co LLC now owns 3,783 shares of the company’s stock worth $722,000 after buying an additional 372 shares during the last quarter. Equitable Trust Co. purchased a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter worth approximately $5,806,000. Finally, EP Wealth Advisors LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 3.6% in the 3rd quarter. EP Wealth Advisors LLC now owns 40,055 shares of the company’s stock valued at $7,898,000 after buying an additional 1,387 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA:IVE opened at $196.89 on Wednesday. iShares S&P 500 Value ETF has a 12 month low of $176.09 and a 12 month high of $206.63. The firm has a market capitalization of $35.91 billion, a P/E ratio of 22.47 and a beta of 0.95. The company’s fifty day moving average price is $194.17 and its 200 day moving average price is $196.10.

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.