One Wealth Capital Management LLC Makes New $2.91 Million Investment in iShares S&P 500 Value ETF (NYSEARCA:IVE)

One Wealth Capital Management LLC bought a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 15,229 shares of the company’s stock, valued at approximately $2,907,000. iShares S&P 500 Value ETF makes up 1.5% of One Wealth Capital Management LLC’s investment portfolio, making the stock its 13th largest position.

Several other hedge funds have also modified their holdings of IVE. Northwest Investment Counselors LLC bought a new position in iShares S&P 500 Value ETF in the third quarter valued at approximately $31,000. Valued Wealth Advisors LLC acquired a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter valued at $35,000. Copley Financial Group Inc. acquired a new stake in shares of iShares S&P 500 Value ETF during the third quarter worth $36,000. Hobbs Group Advisors LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the third quarter worth $40,000. Finally, Colony Family Offices LLC increased its holdings in iShares S&P 500 Value ETF by 77.3% in the third quarter. Colony Family Offices LLC now owns 273 shares of the company’s stock valued at $54,000 after purchasing an additional 119 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

IVE traded down $0.79 during midday trading on Tuesday, reaching $190.72. 793,612 shares of the company were exchanged, compared to its average volume of 1,234,418. The stock has a market capitalization of $34.17 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a one year low of $170.13 and a one year high of $206.63. The stock’s 50-day simple moving average is $198.03 and its 200 day simple moving average is $193.57.

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.