West Wealth Group LLC Raises Holdings in iShares S&P 500 Value ETF $IVE

West Wealth Group LLC grew its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 214,431 shares of the company’s stock after acquiring an additional 10,544 shares during the period. iShares S&P 500 Value ETF accounts for 9.4% of West Wealth Group LLC’s holdings, making the stock its 2nd biggest holding. West Wealth Group LLC’s holdings in iShares S&P 500 Value ETF were worth $45,475,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. FLP Wealth Management LLC boosted its stake in shares of iShares S&P 500 Value ETF by 628.5% during the third quarter. FLP Wealth Management LLC now owns 16,727 shares of the company’s stock valued at $3,454,000 after purchasing an additional 14,431 shares in the last quarter. Great Point Wealth Advisors LLC bought a new position in shares of iShares S&P 500 Value ETF during the third quarter valued at approximately $2,478,000. Detalus Advisors LLC boosted its stake in shares of iShares S&P 500 Value ETF by 3.6% during the third quarter. Detalus Advisors LLC now owns 84,033 shares of the company’s stock valued at $17,354,000 after purchasing an additional 2,909 shares in the last quarter. Curbstone Financial Management Corp bought a new position in shares of iShares S&P 500 Value ETF during the third quarter valued at approximately $564,000. Finally, BIP Wealth LLC boosted its stake in shares of iShares S&P 500 Value ETF by 185.4% during the third quarter. BIP Wealth LLC now owns 6,001 shares of the company’s stock valued at $1,239,000 after purchasing an additional 3,898 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE opened at $218.61 on Friday. The firm’s 50 day moving average price is $216.09 and its 200-day moving average price is $213.11. iShares S&P 500 Value ETF has a 52-week low of $172.13 and a 52-week high of $223.05. The company has a market cap of $48.20 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.