iShares S&P 500 Value ETF $IVE Shares Purchased by Horizon Wealth Management LLC

Horizon Wealth Management LLC lifted its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 85,930 shares of the company’s stock after purchasing an additional 3,926 shares during the quarter. iShares S&P 500 Value ETF accounts for approximately 2.5% of Horizon Wealth Management LLC’s investment portfolio, making the stock its 14th largest position. Horizon Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $19,616,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Kestra Advisory Services LLC raised its position in shares of iShares S&P 500 Value ETF by 43.7% during the 3rd quarter. Kestra Advisory Services LLC now owns 540,689 shares of the company’s stock valued at $123,428,000 after buying an additional 164,404 shares in the last quarter. Ascent Group LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 1.5% in the 3rd quarter. Ascent Group LLC now owns 347,602 shares of the company’s stock valued at $79,351,000 after acquiring an additional 5,157 shares during the last quarter. Team Financial Group LLC grew its position in iShares S&P 500 Value ETF by 13.5% in the third quarter. Team Financial Group LLC now owns 1,152 shares of the company’s stock worth $263,000 after acquiring an additional 137 shares in the last quarter. Integras Partners LLC grew its position in iShares S&P 500 Value ETF by 6.1% in the third quarter. Integras Partners LLC now owns 4,535 shares of the company’s stock worth $1,035,000 after acquiring an additional 260 shares in the last quarter. Finally, Associated Banc Corp purchased a new position in iShares S&P 500 Value ETF in the third quarter worth about $17,046,000.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA IVE opened at $236.48 on Friday. The business’s 50 day moving average is $234.89 and its two-hundred day moving average is $226.57. iShares S&P 500 Value ETF has a 1-year low of $203.15 and a 1-year high of $244.72. The stock has a market capitalization of $50.09 billion, a P/E ratio of 22.47 and a beta of 0.82.

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.