West Wealth Group LLC Raises Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

West Wealth Group LLC increased its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.0% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 171,204 shares of the company’s stock after purchasing an additional 11,152 shares during the period. iShares S&P 500 Value ETF accounts for 9.8% of West Wealth Group LLC’s investment portfolio, making the stock its 2nd largest holding. West Wealth Group LLC’s holdings in iShares S&P 500 Value ETF were worth $32,680,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. International Assets Investment Management LLC raised its position in iShares S&P 500 Value ETF by 18,046.1% in the 3rd quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock worth $262,938,000 after purchasing an additional 1,326,211 shares during the period. Sanctuary Advisors LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the second quarter worth approximately $82,555,000. USA Financial Formulas bought a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter worth approximately $77,191,000. PNC Financial Services Group Inc. boosted its holdings in iShares S&P 500 Value ETF by 7.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock valued at $389,537,000 after acquiring an additional 139,651 shares during the period. Finally, Kovitz Investment Group Partners LLC grew its position in iShares S&P 500 Value ETF by 28.7% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 613,456 shares of the company’s stock valued at $120,955,000 after acquiring an additional 136,769 shares during the last quarter.

iShares S&P 500 Value ETF Trading Down 0.2 %

NYSEARCA IVE opened at $196.15 on Monday. The stock has a market cap of $35.14 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 12 month low of $173.01 and a 12 month high of $206.63. The company’s 50-day moving average price is $196.39 and its 200-day moving average price is $194.62.

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.