iShares S&P 500 Value ETF $IVE is McNaughton Wealth Management LLC’s 3rd Largest Position

McNaughton Wealth Management LLC increased its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 30.6% during the 4th quarter, Holdings Channel.com reports. The fund owned 80,457 shares of the company’s stock after purchasing an additional 18,841 shares during the quarter. iShares S&P 500 Value ETF accounts for approximately 7.0% of McNaughton Wealth Management LLC’s portfolio, making the stock its 3rd largest position. McNaughton Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $17,062,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IVE. United Services Automobile Association purchased a new stake in shares of iShares S&P 500 Value ETF during the second quarter valued at approximately $26,000. Palisade Asset Management LLC purchased a new position in shares of iShares S&P 500 Value ETF in the third quarter worth $29,000. Ransom Advisory Ltd purchased a new position in shares of iShares S&P 500 Value ETF in the fourth quarter worth $31,000. Center for Financial Planning Inc. bought a new stake in iShares S&P 500 Value ETF during the 3rd quarter valued at $32,000. Finally, Tripletail Wealth Management LLC bought a new stake in iShares S&P 500 Value ETF during the 3rd quarter valued at $37,000.

iShares S&P 500 Value ETF Stock Up 0.3%

Shares of IVE opened at $210.24 on Wednesday. The stock has a market capitalization of $47.49 billion, a P/E ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a twelve month low of $165.45 and a twelve month high of $223.05. The firm has a fifty day simple moving average of $217.45 and a two-hundred day simple moving average of $212.11.

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.