West Wealth Group LLC Raises Stock Position in iShares S&P 500 Value ETF $IVE

West Wealth Group LLC boosted its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 214,431 shares of the company’s stock after purchasing an additional 10,544 shares during the period. iShares S&P 500 Value ETF comprises 9.4% of West Wealth Group LLC’s holdings, making the stock its 2nd biggest holding. West Wealth Group LLC owned approximately 0.09% of iShares S&P 500 Value ETF worth $45,475,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its holdings in iShares S&P 500 Value ETF by 5.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 22,121,389 shares of the company’s stock valued at $4,568,288,000 after purchasing an additional 1,137,886 shares during the last quarter. Bank of America Corp DE grew its stake in iShares S&P 500 Value ETF by 0.9% in the 3rd quarter. Bank of America Corp DE now owns 8,396,957 shares of the company’s stock worth $1,734,056,000 after acquiring an additional 72,040 shares in the last quarter. UBS Group AG grew its stake in iShares S&P 500 Value ETF by 1.0% in the 3rd quarter. UBS Group AG now owns 3,604,778 shares of the company’s stock worth $744,423,000 after acquiring an additional 37,372 shares in the last quarter. Ameriprise Financial Inc. grew its stake in iShares S&P 500 Value ETF by 19.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,031,014 shares of the company’s stock worth $591,818,000 after acquiring an additional 484,782 shares in the last quarter. Finally, CWM LLC grew its stake in iShares S&P 500 Value ETF by 37.5% in the 4th quarter. CWM LLC now owns 2,579,248 shares of the company’s stock worth $546,981,000 after acquiring an additional 702,987 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE stock opened at $218.61 on Friday. The company has a market capitalization of $48.20 billion, a P/E ratio of 20.70 and a beta of 0.85. The company’s 50-day simple moving average is $216.09 and its two-hundred day simple moving average is $213.11. iShares S&P 500 Value ETF has a one year low of $172.13 and a one year high of $223.05.

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.