Partners Wealth Management LLC Purchases Shares of 11,440 iShares S&P 500 Value ETF (NYSEARCA:IVE)

Partners Wealth Management LLC purchased a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 11,440 shares of the company’s stock, valued at approximately $2,184,000. iShares S&P 500 Value ETF comprises 2.5% of Partners Wealth Management LLC’s holdings, making the stock its 8th biggest holding.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Kentucky Trust Co purchased a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at about $29,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of iShares S&P 500 Value ETF by 100.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock worth $29,000 after purchasing an additional 76 shares during the last quarter. Centricity Wealth Management LLC purchased a new position in shares of iShares S&P 500 Value ETF in the fourth quarter worth about $34,000. Valued Wealth Advisors LLC purchased a new position in shares of iShares S&P 500 Value ETF in the third quarter worth about $35,000. Finally, Perkins Coie Trust Co purchased a new position in shares of iShares S&P 500 Value ETF in the fourth quarter worth about $35,000.

iShares S&P 500 Value ETF Stock Down 1.0 %

Shares of NYSEARCA:IVE opened at $196.39 on Monday. iShares S&P 500 Value ETF has a 52-week low of $176.09 and a 52-week high of $206.63. The stock has a market cap of $35.82 billion, a price-to-earnings ratio of 22.47 and a beta of 0.95. The business has a 50-day moving average price of $194.14 and a 200-day moving average price of $195.94.

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.