Founders Grove Wealth Partners LLC Buys Shares of 25,962 iShares S&P 500 Value ETF (NYSEARCA:IVE)

Founders Grove Wealth Partners LLC purchased a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 25,962 shares of the company’s stock, valued at approximately $4,956,000. iShares S&P 500 Value ETF comprises approximately 1.4% of Founders Grove Wealth Partners LLC’s investment portfolio, making the stock its 24th largest holding.

A number of other institutional investors also recently modified their holdings of IVE. Thurston Springer Miller Herd & Titak Inc. grew its position in iShares S&P 500 Value ETF by 100.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after acquiring an additional 76 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 valued at approximately $31,000. Valued Wealth Advisors LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at approximately $35,000. Copley Financial Group Inc. acquired a new position in iShares S&P 500 Value ETF during the 3rd quarter worth approximately $36,000. Finally, Hobbs Group Advisors LLC acquired a new position in iShares S&P 500 Value ETF during the 3rd quarter worth approximately $40,000.

iShares S&P 500 Value ETF Price Performance

Shares of iShares S&P 500 Value ETF stock opened at $190.30 on Wednesday. The company’s 50 day moving average price is $197.41 and its two-hundred day moving average price is $193.90. The firm has a market capitalization of $34.09 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a fifty-two week low of $170.13 and a fifty-two week high of $206.63.

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.