VERITY Wealth Advisors Makes New Investment in iShares S&P 500 Value ETF $IVE

VERITY Wealth Advisors acquired a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 3,452 shares of the company’s stock, valued at approximately $732,000.

Other institutional investors have also recently added to or reduced their stakes in the company. United Services Automobile Association purchased a new position in iShares S&P 500 Value ETF during the second quarter worth about $26,000. Palisade Asset Management LLC purchased a new stake in iShares S&P 500 Value ETF in the 3rd quarter valued at about $29,000. Ransom Advisory Ltd acquired a new position in shares of iShares S&P 500 Value ETF during the 4th quarter valued at about $31,000. Center for Financial Planning Inc. purchased a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter worth about $32,000. Finally, Tripletail Wealth Management LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the third quarter worth approximately $37,000.

iShares S&P 500 Value ETF Stock Performance

iShares S&P 500 Value ETF stock opened at $207.73 on Friday. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year high of $223.05. The firm has a 50 day moving average price of $217.73 and a 200 day moving average price of $211.89. The company has a market cap of $46.93 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89.

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.