iShares S&P 500 Value ETF $IVE Shares Bought by Horizon Wealth Management LLC

Horizon Wealth Management LLC raised its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.8% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 85,930 shares of the company’s stock after acquiring an additional 3,926 shares during the period. iShares S&P 500 Value ETF makes up about 2.5% of Horizon Wealth Management LLC’s investment portfolio, making the stock its 14th largest position. Horizon Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $19,616,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Krilogy Financial LLC boosted its position in shares of iShares S&P 500 Value ETF by 52.0% during the third quarter. Krilogy Financial LLC now owns 10,291 shares of the company’s stock valued at $2,407,000 after buying an additional 3,522 shares during the period. CX Institutional raised its holdings in shares of iShares S&P 500 Value ETF by 7.4% in the third quarter. CX Institutional now owns 215,726 shares of the company’s stock worth $49,246,000 after buying an additional 14,951 shares during the period. Amundi raised its holdings in shares of iShares S&P 500 Value ETF by 18.1% in the second quarter. Amundi now owns 59,900 shares of the company’s stock worth $13,601,000 after buying an additional 9,200 shares during the period. Soltis Investment Advisors LLC raised its holdings in shares of iShares S&P 500 Value ETF by 11.9% in the third quarter. Soltis Investment Advisors LLC now owns 41,801 shares of the company’s stock worth $9,542,000 after buying an additional 4,440 shares during the period. Finally, Matrix Private Capital Group LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the first quarter worth approximately $958,000.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE stock opened at $236.48 on Friday. iShares S&P 500 Value ETF has a 52-week low of $203.15 and a 52-week high of $244.72. The firm has a market capitalization of $50.09 billion, a P/E ratio of 22.47 and a beta of 0.82. The stock has a 50 day moving average price of $234.89 and a 200 day moving average price of $226.57.

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. 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.