Modera Wealth Management LLC Lowers Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Modera Wealth Management LLC decreased its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 78,658 shares of the company’s stock after selling 2,035 shares during the period. Modera Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $15,014,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. LexAurum Advisors LLC increased its stake in iShares S&P 500 Value ETF by 47.2% during the 4th quarter. LexAurum Advisors LLC now owns 3,846 shares of the company’s stock worth $734,000 after buying an additional 1,233 shares in the last quarter. Financial Synergies Wealth Advisors Inc. boosted its stake in shares of iShares S&P 500 Value ETF by 0.6% in the fourth quarter. Financial Synergies Wealth Advisors Inc. now owns 28,709 shares of the company’s stock worth $5,480,000 after acquiring an additional 160 shares during the last quarter. DAVENPORT & Co LLC increased its position in shares of iShares S&P 500 Value ETF by 10.9% during the fourth quarter. DAVENPORT & Co LLC now owns 3,783 shares of the company’s stock worth $722,000 after purchasing an additional 372 shares in the last quarter. Equitable Trust Co. acquired a new position in iShares S&P 500 Value ETF in the 4th quarter valued at $5,806,000. Finally, Empowered Funds LLC purchased a new position in iShares S&P 500 Value ETF in the 4th quarter valued at $133,000.

iShares S&P 500 Value ETF Trading Up 1.3 %

IVE opened at $197.20 on Friday. iShares S&P 500 Value ETF has a twelve month low of $176.09 and a twelve month high of $206.63. The firm has a market capitalization of $35.97 billion, a PE ratio of 22.47 and a beta of 0.95. The firm’s 50-day moving average price is $194.49 and its 200 day moving average price is $196.23.

iShares S&P 500 Value ETF 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.