Decker Wealth Management LLC Makes New Investment in iShares S&P 500 Value ETF $IVE

Decker Wealth Management LLC purchased a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the 1st quarter, Holdings Channel reports. The firm purchased 5,168 shares of the company’s stock, valued at approximately $1,091,000.

Other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. increased its holdings in iShares S&P 500 Value ETF by 4.6% in the 4th quarter. JPMorgan Chase & Co. now owns 18,748,246 shares of the company’s stock worth $3,975,941,000 after buying an additional 821,872 shares in the last quarter. Morgan Stanley lifted its stake in iShares S&P 500 Value ETF by 7.5% during the 4th quarter. Morgan Stanley now owns 15,278,856 shares of the company’s stock valued at $3,240,188,000 after acquiring an additional 1,068,945 shares during the period. Wells Fargo & Company MN lifted its stake in iShares S&P 500 Value ETF by 2.0% during the 4th quarter. Wells Fargo & Company MN now owns 6,264,139 shares of the company’s stock valued at $1,328,436,000 after acquiring an additional 120,153 shares during the period. Cetera Investment Advisers boosted its holdings in shares of iShares S&P 500 Value ETF by 22.5% during the 4th quarter. Cetera Investment Advisers now owns 3,409,979 shares of the company’s stock valued at $723,154,000 after acquiring an additional 627,109 shares during the last quarter. Finally, Stifel Financial Corp boosted its holdings in shares of iShares S&P 500 Value ETF by 7.6% during the 4th quarter. Stifel Financial Corp now owns 3,250,570 shares of the company’s stock valued at $689,349,000 after acquiring an additional 230,880 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE stock opened at $231.15 on Monday. The company has a 50 day moving average price of $227.57 and a 200-day moving average price of $220.75. iShares S&P 500 Value ETF has a 52 week low of $193.90 and a 52 week high of $233.58. The firm has a market capitalization of $48.88 billion, a PE ratio of 20.70 and a beta of 0.82.

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.