Siligmueller & Norvid Wealth Advisors LLC Purchases 4,429 Shares of iShares S&P 500 Value ETF $IVE

Siligmueller & Norvid Wealth Advisors LLC boosted its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 18.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 28,186 shares of the company’s stock after acquiring an additional 4,429 shares during the period. iShares S&P 500 Value ETF accounts for about 2.6% of Siligmueller & Norvid Wealth Advisors LLC’s holdings, making the stock its 10th biggest position. Siligmueller & Norvid Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $5,825,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. United Services Automobile Association bought a new position in shares of iShares S&P 500 Value ETF in the 2nd quarter worth $26,000. Center for Financial Planning Inc. acquired a new position in iShares S&P 500 Value ETF during the third quarter worth $32,000. Tripletail Wealth Management LLC bought a new position in shares of iShares S&P 500 Value ETF in the third quarter valued at $37,000. Rossmore Private Capital acquired a new position in shares of iShares S&P 500 Value ETF during the third quarter valued at about $44,000. Finally, Cloud Capital Management LLC acquired a new position in shares of iShares S&P 500 Value ETF during the third quarter valued at about $45,000.

iShares S&P 500 Value ETF Price Performance

IVE opened at $221.19 on Friday. iShares S&P 500 Value ETF has a fifty-two week low of $165.45 and a fifty-two week high of $223.05. The firm has a market capitalization of $49.97 billion, a PE ratio of 20.70 and a beta of 0.89. The company’s 50-day moving average is $216.60 and its 200 day moving average is $209.78.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.