iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Acquired by Ritholtz Wealth Management

Ritholtz Wealth Management increased its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 16.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,438 shares of the company’s stock after buying an additional 487 shares during the quarter. Ritholtz Wealth Management’s holdings in iShares S&P 500 Value ETF were worth $655,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 0.8% during the 4th quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock valued at $2,679,000 after acquiring an additional 112 shares in the last quarter. Empowered Funds LLC purchased a new position in iShares S&P 500 Value ETF in the fourth quarter valued at about $133,000. Americana Partners LLC acquired a new position in shares of iShares S&P 500 Value ETF during the fourth quarter worth about $288,000. Principal Financial Group Inc. boosted its position in shares of iShares S&P 500 Value ETF by 8.1% in the fourth quarter. Principal Financial Group Inc. now owns 14,957 shares of the company’s stock worth $2,855,000 after buying an additional 1,122 shares during the period. Finally, Empower Advisory Group LLC boosted its position in shares of iShares S&P 500 Value ETF by 12.6% in the fourth quarter. Empower Advisory Group LLC now owns 3,899 shares of the company’s stock worth $744,000 after buying an additional 436 shares during the period.

iShares S&P 500 Value ETF Stock Performance

IVE stock opened at $189.90 on Thursday. The firm has a market cap of $38.07 billion, a P/E ratio of 20.88 and a beta of 0.89. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year high of $206.63. The stock has a 50-day simple moving average of $186.07 and a 200-day simple moving average of $190.46.

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.