Foundation Wealth Management LLC PA Acquires New Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Foundation Wealth Management LLC PA bought a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the fourth quarter, HoldingsChannel.com reports. The firm bought 3,114 shares of the company’s stock, valued at approximately $594,000.

Several other institutional investors also recently bought and sold shares of the business. West Coast Financial LLC grew its position in shares of iShares S&P 500 Value ETF by 0.3% in the fourth quarter. West Coast Financial LLC now owns 16,432 shares of the company’s stock valued at $3,137,000 after purchasing an additional 53 shares during the period. SWP Financial LLC grew its holdings in iShares S&P 500 Value ETF by 0.4% in the 4th quarter. SWP Financial LLC now owns 12,799 shares of the company’s stock valued at $2,443,000 after buying an additional 54 shares during the period. Roble Belko & Company Inc increased its stake in shares of iShares S&P 500 Value ETF by 0.5% during the 4th quarter. Roble Belko & Company Inc now owns 11,238 shares of the company’s stock valued at $2,145,000 after acquiring an additional 57 shares during the last quarter. Family Firm Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 0.5% during the 4th quarter. Family Firm Inc. now owns 10,464 shares of the company’s stock worth $1,998,000 after acquiring an additional 57 shares during the period. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in shares of iShares S&P 500 Value ETF by 1.6% in the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 3,788 shares of the company’s stock worth $723,000 after acquiring an additional 59 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE stock opened at $191.62 on Thursday. The firm has a market capitalization of $37.31 billion, a price-to-earnings ratio of 21.80 and a beta of 0.94. iShares S&P 500 Value ETF has a one year low of $176.09 and a one year high of $206.63. The company has a 50 day moving average price of $194.28 and a 200 day moving average price of $196.01.

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.