Horizon Wealth Management LLC Boosts Holdings in iShares S&P 500 Value ETF $IVE

Horizon Wealth Management LLC raised its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.6% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 79,148 shares of the company’s stock after purchasing an additional 5,599 shares during the quarter. iShares S&P 500 Value ETF accounts for about 2.4% of Horizon Wealth Management LLC’s investment portfolio, making the stock its 16th biggest holding. Horizon Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $16,712,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of IVE. Flagship Private Wealth LLC increased its position in shares of iShares S&P 500 Value ETF by 1.1% during the fourth quarter. Flagship Private Wealth LLC now owns 4,250 shares of the company’s stock valued at $901,000 after acquiring an additional 48 shares in the last quarter. Patten & Patten Inc. TN lifted its holdings in shares of iShares S&P 500 Value ETF by 4.8% during the fourth quarter. Patten & Patten Inc. TN now owns 1,048 shares of the company’s stock valued at $222,000 after purchasing an additional 48 shares in the last quarter. Bernardo Wealth Planning LLC lifted its stake 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. Stegner Investment Associates Inc. lifted its position in iShares S&P 500 Value ETF by 0.3% during the fourth quarter. Stegner Investment Associates Inc. now owns 16,304 shares of the company’s stock valued at $3,457,000 after purchasing an additional 49 shares during the period. Finally, Rossby Financial LCC boosted its stake in shares of iShares S&P 500 Value ETF by 6.6% in the 4th quarter. Rossby Financial LCC now owns 807 shares of the company’s stock worth $171,000 after buying an additional 50 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:IVE opened at $227.78 on Thursday. iShares S&P 500 Value ETF has a 52-week low of $193.90 and a 52-week high of $230.05. The stock has a market capitalization of $47.81 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. The stock’s 50-day simple moving average is $225.51 and its two-hundred day simple moving average is $219.27.

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.