Modera Wealth Management LLC Decreases Stake in iShares S&P 500 Value ETF $IVE

Modera Wealth Management LLC reduced its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.3% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 72,597 shares of the company’s stock after selling 2,492 shares during the period. Modera Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $15,329,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in IVE. Rockwood Wealth Management LLC lifted its stake in shares of iShares S&P 500 Value ETF by 2.7% during the 1st quarter. Rockwood Wealth Management LLC now owns 1,785 shares of the company’s stock valued at $377,000 after buying an additional 47 shares in the last quarter. Flagship Private Wealth LLC grew its stake in iShares S&P 500 Value ETF by 1.1% in the 4th quarter. Flagship Private Wealth LLC now owns 4,250 shares of the company’s stock valued at $901,000 after buying an additional 48 shares in the last quarter. Patten & Patten Inc. TN grew its stake in iShares S&P 500 Value ETF by 4.8% in the 4th quarter. Patten & Patten Inc. TN now owns 1,048 shares of the company’s stock valued at $222,000 after buying an additional 48 shares in the last quarter. Bernardo Wealth Planning LLC raised its holdings in iShares S&P 500 Value ETF by 0.5% during the 4th quarter. Bernardo Wealth Planning LLC now owns 9,495 shares of the company’s stock valued at $2,014,000 after acquiring an additional 49 shares during the period. Finally, Stegner Investment Associates Inc. raised its holdings in iShares S&P 500 Value ETF by 0.3% during the 4th quarter. Stegner Investment Associates Inc. now owns 16,304 shares of the company’s stock valued at $3,457,000 after acquiring an additional 49 shares during the period.

iShares S&P 500 Value ETF Price Performance

NYSEARCA:IVE opened at $231.15 on Friday. The company has a market cap of $48.88 billion, a P/E ratio of 20.70 and a beta of 0.82. The stock’s fifty day moving average price is $227.57 and its two-hundred day moving average price is $220.70. iShares S&P 500 Value ETF has a 1 year low of $193.90 and a 1 year high of $233.58.

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. 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.