Mosley Wealth Management Grows Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Mosley Wealth Management lifted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 10.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 19,643 shares of the company’s stock after purchasing an additional 1,886 shares during the quarter. iShares S&P 500 Value ETF makes up 2.4% of Mosley Wealth Management’s portfolio, making the stock its 9th largest position. Mosley Wealth Management’s holdings in iShares S&P 500 Value ETF were worth $3,873,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Stifel Financial Corp raised its stake in shares of iShares S&P 500 Value ETF by 2.5% during the 3rd quarter. Stifel Financial Corp now owns 2,488,560 shares of the company’s stock valued at $490,670,000 after purchasing an additional 60,868 shares during the period. PNC Financial Services Group Inc. raised its stake in shares of iShares S&P 500 Value ETF by 8.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,142,670 shares of the company’s stock valued at $408,993,000 after purchasing an additional 167,028 shares during the period. Raymond James Financial Inc. purchased a new position in iShares S&P 500 Value ETF during the fourth quarter worth about $311,273,000. Envestnet Portfolio Solutions Inc. grew its position in iShares S&P 500 Value ETF by 3.4% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 1,527,973 shares of the company’s stock worth $291,659,000 after buying an additional 49,640 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its position in iShares S&P 500 Value ETF by 8.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 999,059 shares of the company’s stock worth $190,700,000 after buying an additional 73,706 shares in the last quarter.

iShares S&P 500 Value ETF Stock Down 0.1 %

iShares S&P 500 Value ETF stock opened at $189.82 on Friday. iShares S&P 500 Value ETF has a 52 week low of $176.09 and a 52 week high of $206.63. The business has a 50-day simple moving average of $194.23 and a 200 day simple moving average of $196.03. The stock has a market cap of $36.87 billion, a price-to-earnings ratio of 22.06 and a beta of 0.94.

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.