iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Bought by Liberty Wealth Management LLC

Liberty Wealth Management LLC lifted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 59,361 shares of the company’s stock after acquiring an additional 1,701 shares during the period. iShares S&P 500 Value ETF accounts for approximately 1.9% of Liberty Wealth Management LLC’s holdings, making the stock its 17th biggest position. Liberty Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $11,326,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Raymond James Financial Inc. acquired a new stake in iShares S&P 500 Value ETF during the fourth quarter valued at approximately $311,273,000. USA Financial Formulas acquired a new stake in iShares S&P 500 Value ETF during the fourth quarter valued at approximately $77,191,000. Davis Selected Advisers lifted its stake in iShares S&P 500 Value ETF by 1,452.8% during the fourth quarter. Davis Selected Advisers now owns 197,175 shares of the company’s stock valued at $37,637,000 after purchasing an additional 184,477 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in iShares S&P 500 Value ETF by 8.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,142,670 shares of the company’s stock valued at $408,993,000 after purchasing an additional 167,028 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC lifted its stake in iShares S&P 500 Value ETF by 28.7% during the third quarter. Kovitz Investment Group Partners LLC now owns 613,456 shares of the company’s stock valued at $120,955,000 after purchasing an additional 136,769 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

IVE stock opened at $188.32 on Wednesday. iShares S&P 500 Value ETF has a 12 month low of $176.09 and a 12 month high of $206.63. The firm has a market cap of $36.58 billion, a PE ratio of 22.06 and a beta of 0.94. The firm has a 50 day simple moving average of $194.48 and a 200 day simple moving average of $196.36.

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.