189,783 Shares in iShares S&P 500 Value ETF (NYSEARCA:IVE) Purchased by Horizon Wealth Management LLC

Horizon Wealth Management LLC purchased a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 189,783 shares of the company’s stock, valued at approximately $36,169,000. iShares S&P 500 Value ETF comprises approximately 6.1% of Horizon Wealth Management LLC’s holdings, making the stock its 6th biggest position. Horizon Wealth Management LLC owned about 0.10% of iShares S&P 500 Value ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in IVE. Raymond James Financial Inc. purchased a new position in shares of iShares S&P 500 Value ETF during the fourth quarter worth about $311,273,000. Envestnet Asset Management Inc. boosted its holdings in iShares S&P 500 Value ETF by 3.8% in the 4th quarter. Envestnet Asset Management Inc. now owns 13,435,769 shares of the company’s stock valued at $2,564,620,000 after purchasing an additional 493,784 shares in the last quarter. GAMMA Investing LLC boosted its holdings in iShares S&P 500 Value ETF by 18,958.0% in the 1st quarter. GAMMA Investing LLC now owns 477,975 shares of the company’s stock valued at $91,092,000 after purchasing an additional 475,467 shares in the last quarter. Lido Advisors LLC boosted its holdings in iShares S&P 500 Value ETF by 46.5% in the 4th quarter. Lido Advisors LLC now owns 1,414,358 shares of the company’s stock valued at $269,973,000 after purchasing an additional 448,773 shares in the last quarter. Finally, The Manufacturers Life Insurance Company purchased a new stake in iShares S&P 500 Value ETF in the 4th quarter valued at approximately $41,692,000.

iShares S&P 500 Value ETF Trading Up 0.8%

Shares of IVE opened at $191.34 on Friday. iShares S&P 500 Value ETF has a twelve month low of $165.45 and a twelve month high of $206.63. The stock’s 50 day moving average is $183.77 and its two-hundred day moving average is $191.16. The firm has a market capitalization of $38.17 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.