Mather Group LLC. Purchases 3,769 Shares of iShares S&P 500 Value ETF $IVE

Mather Group LLC. grew its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 22.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,226 shares of the company’s stock after buying an additional 3,769 shares during the period. Mather Group LLC.’s holdings in iShares S&P 500 Value ETF were worth $4,289,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in IVE. United Services Automobile Association purchased a new stake in iShares S&P 500 Value ETF in the 2nd quarter worth about $26,000. Palisade Asset Management LLC purchased a new stake in iShares S&P 500 Value ETF during the third quarter valued at about $29,000. Ransom Advisory Ltd purchased a new stake in iShares S&P 500 Value ETF during the fourth quarter valued at about $31,000. Center for Financial Planning Inc. bought a new position in iShares S&P 500 Value ETF during the third quarter worth about $32,000. Finally, Tripletail Wealth Management LLC bought a new position in iShares S&P 500 Value ETF during the third quarter worth about $37,000.

iShares S&P 500 Value ETF Stock Down 0.5%

IVE opened at $210.13 on Friday. The firm has a 50-day moving average price of $217.17 and a 200-day moving average price of $212.09. iShares S&P 500 Value ETF has a twelve month low of $165.45 and a twelve month high of $223.05. The company has a market capitalization of $47.47 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89.

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.