Horizon Wealth Management LLC Invests $3.26 Million in iShares S&P 500 Value ETF (NYSEARCA:IVE)

by · The Cerbat Gem

Horizon Wealth Management LLC acquired a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) in the 3rd quarter, Holdings Channel reports. The institutional investor acquired 16,512 shares of the company’s stock, valued at approximately $3,256,000. iShares S&P 500 Value ETF accounts for 0.6% of Horizon Wealth Management LLC’s holdings, making the stock its 21st biggest position.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Palisade Asset Management LLC acquired a new stake in iShares S&P 500 Value ETF in the first quarter worth approximately $26,000. CarsonAllaria Wealth Management Ltd. boosted its stake in iShares S&P 500 Value ETF by 289.5% during the first quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock valued at $28,000 after buying an additional 110 shares in the last quarter. Northwest Investment Counselors LLC acquired a new position in iShares S&P 500 Value ETF during the first quarter worth about $29,000. Scarborough Advisors LLC bought a new stake in iShares S&P 500 Value ETF in the fourth quarter worth about $42,000. Finally, Addison Advisors LLC lifted its holdings in iShares S&P 500 Value ETF by 50.0% in the 2nd quarter. Addison Advisors LLC now owns 279 shares of the company’s stock valued at $51,000 after acquiring an additional 93 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE opened at $200.77 on Thursday. The firm’s 50 day moving average is $194.04 and its 200-day moving average is $187.01. iShares S&P 500 Value ETF has a 12-month low of $147.23 and a 12-month high of $200.98. The stock has a market capitalization of $35.97 billion, a P/E ratio of 23.79 and a beta of 0.81.

iShares S&P 500 Value ETF Company Profile

(Free Report)

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.

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