Clientfirst Wealth Management LLC Invests $776,000 in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Clientfirst Wealth Management LLC bought a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 4,066 shares of the company’s stock, valued at approximately $776,000. iShares S&P 500 Value ETF accounts for about 0.8% of Clientfirst Wealth Management LLC’s portfolio, making the stock its 15th biggest holding.

Several other hedge funds have also recently added to or reduced their stakes in IVE. Alpha Financial Partners LLC bought a new stake in shares of iShares S&P 500 Value ETF during the third quarter valued at about $7,385,000. Sanibel Captiva Trust Company Inc. raised its position in shares of iShares S&P 500 Value ETF by 7.4% during the 3rd quarter. Sanibel Captiva Trust Company Inc. now owns 19,464 shares of the company’s stock worth $3,838,000 after buying an additional 1,341 shares in the last quarter. Watts Gwilliam & Co. LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the 3rd quarter worth approximately $16,165,000. Christopher J. Hasenberg Inc increased its stake in shares of iShares S&P 500 Value ETF by 16.4% during the third quarter. Christopher J. Hasenberg Inc now owns 24,730 shares of the company’s stock valued at $4,836,000 after acquiring an additional 3,491 shares during the period. Finally, Hudson Capital Management LLC raised its holdings in iShares S&P 500 Value ETF by 9.4% during the third quarter. Hudson Capital Management LLC now owns 23,999 shares of the company’s stock worth $4,732,000 after purchasing an additional 2,069 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

IVE opened at $194.62 on Friday. The business has a 50 day moving average price of $195.24 and a two-hundred day moving average price of $195.10. The company has a market capitalization of $34.87 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 1-year low of $173.01 and a 1-year high of $206.63.

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.