Foundation Wealth Management LLC Has $35.05 Million Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Foundation Wealth Management LLC raised its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 177,819 shares of the company’s stock after buying an additional 2,700 shares during the period. iShares S&P 500 Value ETF comprises approximately 26.6% of Foundation Wealth Management LLC’s investment portfolio, making the stock its 2nd biggest position. Foundation Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $35,051,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Palisade Asset Management LLC purchased a new position in iShares S&P 500 Value ETF during the 1st quarter valued at about $26,000. CarsonAllaria Wealth Management Ltd. lifted its holdings in shares of iShares S&P 500 Value ETF by 289.5% during the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock valued at $28,000 after purchasing an additional 110 shares during the last quarter. Northwest Investment Counselors LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the 3rd quarter worth $31,000. Valued Wealth Advisors LLC purchased a new position in iShares S&P 500 Value ETF during the 3rd quarter worth $35,000. Finally, Addison Advisors LLC increased its position in iShares S&P 500 Value ETF by 50.0% during the 2nd quarter. Addison Advisors LLC now owns 279 shares of the company’s stock valued at $51,000 after buying an additional 93 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

NYSEARCA IVE traded up $0.13 during trading on Friday, hitting $194.77. The company’s stock had a trading volume of 398,656 shares, compared to its average volume of 680,104. iShares S&P 500 Value ETF has a fifty-two week low of $153.65 and a fifty-two week high of $201.08. The company has a market cap of $34.89 billion, a PE ratio of 23.79 and a beta of 0.81. The business’s 50 day simple moving average is $196.05 and its 200-day simple moving average is $188.31.

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.