Mattern Wealth Management LLC Buys 240 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Mattern Wealth Management LLC increased its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 11,070 shares of the company’s stock after purchasing an additional 240 shares during the period. Mattern Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $2,110,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Pinney & Scofield Inc. acquired a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at approximately $26,000. Providence First Trust Co bought a new stake in iShares S&P 500 Value ETF during the 4th quarter worth about $31,000. IMG Wealth Management Inc. acquired a new position in shares of iShares S&P 500 Value ETF during the 1st quarter worth about $34,000. SJS Investment Consulting Inc. bought a new position in iShares S&P 500 Value ETF in the first quarter valued at approximately $37,000. Finally, Fourth Dimension Wealth LLC acquired a new position in shares of iShares S&P 500 Value ETF during the 1st quarter worth approximately $38,000.

iShares S&P 500 Value ETF Trading Up 0.8%

NYSEARCA IVE opened at $193.13 on Wednesday. iShares S&P 500 Value ETF has a 12 month low of $165.45 and a 12 month high of $206.63. The stock has a 50 day moving average of $187.10 and a 200-day moving average of $190.05. The company has a market cap of $38.72 billion, a PE ratio of 20.88 and a beta of 0.89.

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.