Assetmark Inc. Acquires 5,244 Shares of iShares S&P 500 Value ETF $IVE

Assetmark Inc. lifted its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 30.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 22,567 shares of the company’s stock after acquiring an additional 5,244 shares during the quarter. Assetmark Inc.’s holdings in iShares S&P 500 Value ETF were worth $4,786,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. United Services Automobile Association bought a new stake in iShares S&P 500 Value ETF in the 2nd quarter valued at $26,000. Palisade Asset Management LLC bought a new stake in iShares S&P 500 Value ETF in the 3rd quarter valued at $29,000. Ransom Advisory Ltd bought a new stake in iShares S&P 500 Value ETF in the 4th quarter valued at $31,000. Center for Financial Planning Inc. bought a new stake in iShares S&P 500 Value ETF in the 3rd quarter valued at $32,000. Finally, Tripletail Wealth Management LLC bought a new stake in iShares S&P 500 Value ETF in the 3rd quarter valued at $37,000.

iShares S&P 500 Value ETF Price Performance

IVE opened at $220.89 on Friday. iShares S&P 500 Value ETF has a 1 year low of $172.13 and a 1 year high of $223.05. The business has a fifty day simple moving average of $216.07 and a 200 day simple moving average of $213.26. The company has a market capitalization of $48.71 billion, a PE ratio of 20.70 and a beta of 0.85.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.