Waverly Advisors LLC Purchases 10,493 Shares of iShares S&P 500 Value ETF $IVE

Waverly Advisors LLC boosted its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 217,708 shares of the company’s stock after purchasing an additional 10,493 shares during the quarter. Waverly Advisors LLC owned about 0.10% of iShares S&P 500 Value ETF worth $45,969,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of IVE. Simplex Trading LLC acquired a new position in iShares S&P 500 Value ETF during the 4th quarter valued at $25,000. Hilton Head Capital Partners LLC acquired a new position in shares of iShares S&P 500 Value ETF during the fourth quarter valued at about $25,000. Decker Retirement Planning Inc. bought a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at about $26,000. United Services Automobile Association bought a new stake in shares of iShares S&P 500 Value ETF in the second quarter valued at about $26,000. Finally, RMG Wealth Management LLC bought a new stake in shares of iShares S&P 500 Value ETF in the first quarter valued at about $27,000.

iShares S&P 500 Value ETF Stock Up 0.9%

Shares of IVE opened at $231.36 on Friday. iShares S&P 500 Value ETF has a 12-month low of $193.90 and a 12-month high of $233.57. The firm has a market capitalization of $48.92 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. The stock’s 50-day moving average price is $228.16 and its 200 day moving average price is $221.32.

iShares S&P 500 Value ETF Company 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.