Robertson Stephens Wealth Management LLC boosted its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 11.0% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 46,009 shares of the company’s stock after buying an additional 4,571 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $8,769,000 at the end of the most recent quarter.
Several other large investors have also bought and sold shares of IVE. Pinney & Scofield Inc. bought a new position in iShares S&P 500 Value ETF during the fourth quarter valued at about $26,000. Providence First Trust Co bought a new position in iShares S&P 500 Value ETF during the fourth quarter valued at about $31,000. Centricity Wealth Management LLC bought a new position in iShares S&P 500 Value ETF during the fourth quarter valued at about $34,000. SJS Investment Consulting Inc. bought a new position in iShares S&P 500 Value ETF during the first quarter valued at about $37,000. Finally, Morse Asset Management Inc bought a new position in iShares S&P 500 Value ETF during the fourth quarter valued at about $41,000.
iShares S&P 500 Value ETF Stock Up 0.4%
NYSEARCA:IVE opened at $191.64 on Tuesday. iShares S&P 500 Value ETF has a 1-year low of $165.45 and a 1-year high of $206.63. The firm has a market capitalization of $38.42 billion, a price-to-earnings ratio of 20.88 and a beta of 0.89. The stock has a fifty day simple moving average of $185.71 and a 200 day simple moving average of $190.47.
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.
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