Independent Solutions Wealth Management LLC Has $15.94 Million Stock Holdings in iShares S&P 500 Value ETF $IVE

Independent Solutions Wealth Management LLC decreased its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 75,151 shares of the company’s stock after selling 2,837 shares during the period. iShares S&P 500 Value ETF makes up approximately 2.9% of Independent Solutions Wealth Management LLC’s investment portfolio, making the stock its 6th biggest position. Independent Solutions Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $15,937,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Decker Retirement Planning Inc. purchased a new position in shares of iShares S&P 500 Value ETF in the fourth quarter worth $26,000. United Services Automobile Association purchased a new position in shares of iShares S&P 500 Value ETF in the second quarter worth $26,000. Palisade Asset Management LLC purchased a new position in shares of iShares S&P 500 Value ETF in the third quarter worth $29,000. Ransom Advisory Ltd purchased a new position in shares of iShares S&P 500 Value ETF in the fourth quarter worth $31,000. Finally, Birchbrook Inc. purchased a new position in shares of iShares S&P 500 Value ETF in the fourth quarter worth $31,000.

iShares S&P 500 Value ETF Trading Down 0.8%

Shares of iShares S&P 500 Value ETF stock opened at $223.45 on Friday. The company’s fifty day simple moving average is $216.67 and its two-hundred day simple moving average is $215.21. The company has a market cap of $49.34 billion, a P/E ratio of 20.70 and a beta of 0.83. iShares S&P 500 Value ETF has a 12-month low of $185.34 and a 12-month high of $225.90.

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.