Mather Group LLC. Has $677,000 Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Mather Group LLC. raised its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 3,895 shares of the company’s stock after acquiring an additional 178 shares during the quarter. Mather Group LLC.’s holdings in iShares S&P 500 Value ETF were worth $677,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Bank OZK increased its stake in shares of iShares S&P 500 Value ETF by 42.6% during the 4th quarter. Bank OZK now owns 2,310 shares of the company’s stock worth $402,000 after purchasing an additional 690 shares during the last quarter. Sage Financial Group Inc. acquired a new position in shares of iShares S&P 500 Value ETF during the 4th quarter worth about $217,000. Financial Enhancement Group LLC increased its stake in shares of iShares S&P 500 Value ETF by 35.5% during the 4th quarter. Financial Enhancement Group LLC now owns 50,751 shares of the company’s stock worth $8,683,000 after purchasing an additional 13,298 shares during the last quarter. Bfsg LLC acquired a new position in shares of iShares S&P 500 Value ETF during the 4th quarter worth about $60,000. Finally, Cullen Frost Bankers Inc. grew its stake in iShares S&P 500 Value ETF by 19.8% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 97,534 shares of the company’s stock valued at $15,005,000 after buying an additional 16,129 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE opened at $178.36 on Thursday. iShares S&P 500 Value ETF has a 52 week low of $147.23 and a 52 week high of $187.24. The firm has a market cap of $31.95 billion, a P/E ratio of 23.38 and a beta of 0.84. The firm’s 50-day simple moving average is $181.50 and its 200 day simple moving average is $172.31.

iShares S&P 500 Value ETF 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.