iShares S&P 500 Value ETF $IVE Shares Bought by McNaughton Wealth Management LLC

McNaughton Wealth Management LLC raised its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 12.0% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 61,114 shares of the company’s stock after acquiring an additional 6,560 shares during the quarter. iShares S&P 500 Value ETF makes up 5.3% of McNaughton Wealth Management LLC’s portfolio, making the stock its 4th biggest holding. McNaughton Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $11,943,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Cloud Capital Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the first quarter valued at $27,000. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the first quarter valued at $29,000. Nemes Rush Group LLC grew its position in shares of iShares S&P 500 Value ETF by 625.0% in the first quarter. Nemes Rush Group LLC now owns 174 shares of the company’s stock valued at $33,000 after purchasing an additional 150 shares during the period. Flaharty Asset Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the first quarter valued at $33,000. Finally, IMG Wealth Management Inc. purchased a new stake in shares of iShares S&P 500 Value ETF in the first quarter valued at $34,000.

iShares S&P 500 Value ETF Trading Up 0.4%

IVE stock opened at $207.84 on Friday. The stock has a 50-day moving average price of $202.31 and a two-hundred day moving average price of $193.43. iShares S&P 500 Value ETF has a 12-month low of $165.45 and a 12-month high of $208.86. The company has a market cap of $41.99 billion, a PE ratio of 20.70 and a beta of 0.94.

About iShares S&P 500 Value ETF

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.