Curtis Wealth Management LLC Takes $3.65 Million Position in iShares S&P 500 Value ETF $IVE

Curtis Wealth Management LLC bought a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 16,785 shares of the company’s stock, valued at approximately $3,645,000. iShares S&P 500 Value ETF accounts for about 3.2% of Curtis Wealth Management LLC’s holdings, making the stock its 11th largest position.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Wealthgarden F.S. LLC increased its stake in shares of iShares S&P 500 Value ETF by 72.2% in the 4th quarter. Wealthgarden F.S. LLC now owns 5,935 shares of the company’s stock valued at $1,289,000 after buying an additional 2,489 shares during the period. Shared Vision Wealth Group LLC increased its stake in shares of iShares S&P 500 Value ETF by 31.3% in the 4th quarter. Shared Vision Wealth Group LLC now owns 34,396 shares of the company’s stock valued at $7,469,000 after buying an additional 8,201 shares during the period. Arsenal Capital Advisors LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter valued at $773,000. Flagship Wealth Advisors LLC increased its stake in shares of iShares S&P 500 Value ETF by 8.4% in the 4th quarter. Flagship Wealth Advisors LLC now owns 12,480 shares of the company’s stock valued at $2,647,000 after buying an additional 962 shares during the period. Finally, Petersen Hastings Wealth Advisors Inc. acquired a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter valued at $7,182,000.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE opened at $226.54 on Friday. The stock has a fifty day moving average of $221.01 and a 200-day moving average of $217.08. The stock has a market capitalization of $50.02 billion, a P/E ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a 52 week low of $189.66 and a 52 week high of $229.53.

About iShares S&P 500 Value ETF

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.