SMART Wealth LLC Buys 6,128 Shares of iShares S&P 500 Value ETF $IVE

SMART Wealth LLC lifted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 154.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,087 shares of the company’s stock after acquiring an additional 6,128 shares during the period. SMART Wealth LLC’s holdings in iShares S&P 500 Value ETF were worth $2,290,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Rockwood Wealth Management LLC lifted its position in iShares S&P 500 Value ETF by 2.7% in the 1st quarter. Rockwood Wealth Management LLC now owns 1,785 shares of the company’s stock valued at $377,000 after acquiring an additional 47 shares in the last quarter. Flagship Private Wealth LLC boosted its stake in iShares S&P 500 Value ETF by 1.1% in the 4th quarter. Flagship Private Wealth LLC now owns 4,250 shares of the company’s stock worth $901,000 after purchasing an additional 48 shares during the period. Patten & Patten Inc. TN increased its holdings in iShares S&P 500 Value ETF by 4.8% during the 4th quarter. Patten & Patten Inc. TN now owns 1,048 shares of the company’s stock worth $222,000 after purchasing an additional 48 shares in the last quarter. Rossby Financial LCC increased its holdings in iShares S&P 500 Value ETF by 6.6% during the 4th quarter. Rossby Financial LCC now owns 807 shares of the company’s stock worth $171,000 after purchasing an additional 50 shares in the last quarter. Finally, Smith Chas P & Associates PA Cpas raised its stake in shares of iShares S&P 500 Value ETF by 3.2% in the 4th quarter. Smith Chas P & Associates PA Cpas now owns 1,697 shares of the company’s stock valued at $360,000 after purchasing an additional 52 shares during the period.

iShares S&P 500 Value ETF Price Performance

Shares of iShares S&P 500 Value ETF stock opened at $236.80 on Friday. The firm has a market cap of $50.05 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. The stock’s 50-day moving average is $233.58 and its 200-day moving average is $225.12. iShares S&P 500 Value ETF has a one year low of $201.22 and a one year high of $239.93.

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.