iShares S&P 500 Value ETF $IVE is Scissortail Wealth Management LLC’s 7th Largest Position

Scissortail Wealth Management LLC increased its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 14.3% during the third quarter, Holdings Channel reports. The institutional investor owned 65,066 shares of the company’s stock after acquiring an additional 8,144 shares during the period. iShares S&P 500 Value ETF comprises about 2.9% of Scissortail Wealth Management LLC’s portfolio, making the stock its 7th biggest position. Scissortail Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $13,437,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. United Services Automobile Association purchased a new stake in iShares S&P 500 Value ETF during the second quarter worth $26,000. Harbor Asset Planning Inc. purchased a new stake in shares of iShares S&P 500 Value ETF in the 2nd quarter worth about $30,000. Tripletail Wealth Management LLC acquired a new stake in iShares S&P 500 Value ETF in the 3rd quarter valued at about $37,000. Compagnie Lombard Odier SCmA purchased a new position in iShares S&P 500 Value ETF during the 2nd quarter valued at about $47,000. Finally, Morgan Dempsey Capital Management LLC purchased a new position in iShares S&P 500 Value ETF during the 2nd quarter valued at about $55,000.

iShares S&P 500 Value ETF Trading Down 1.6%

IVE opened at $213.69 on Wednesday. iShares S&P 500 Value ETF has a twelve month low of $165.45 and a twelve month high of $218.44. The firm has a market cap of $48.25 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89. The company has a fifty day simple moving average of $212.45 and a 200 day simple moving average of $206.50.

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.