Mattern Wealth Management LLC Has $2.07 Million Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Mattern Wealth Management LLC lessened its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.6% in the 4th quarter, Holdings Channel reports. The firm owned 10,830 shares of the company’s stock after selling 287 shares during the period. Mattern Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $2,067,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sunbelt Securities Inc. grew its holdings in shares of iShares S&P 500 Value ETF by 3.7% in the 2nd quarter. Sunbelt Securities Inc. now owns 38,990 shares of the company’s stock valued at $7,096,000 after acquiring an additional 1,382 shares in the last quarter. Invst LLC grew its stake in iShares S&P 500 Value ETF by 20.6% in the second quarter. Invst LLC now owns 86,106 shares of the company’s stock valued at $15,590,000 after purchasing an additional 14,711 shares in the last quarter. Regal Investment Advisors LLC increased its position in shares of iShares S&P 500 Value ETF by 3.7% during the 2nd quarter. Regal Investment Advisors LLC now owns 28,000 shares of the company’s stock worth $5,096,000 after purchasing an additional 1,007 shares during the last quarter. High Falls Advisors Inc raised its stake in shares of iShares S&P 500 Value ETF by 3.1% during the 2nd quarter. High Falls Advisors Inc now owns 74,353 shares of the company’s stock worth $13,533,000 after purchasing an additional 2,223 shares in the last quarter. Finally, Newport Capital Group LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the 2nd quarter valued at approximately $1,030,000.

iShares S&P 500 Value ETF Trading Up 1.0 %

NYSEARCA:IVE opened at $198.12 on Tuesday. The firm has a fifty day simple moving average of $196.39 and a 200 day simple moving average of $194.62. iShares S&P 500 Value ETF has a 1-year low of $173.01 and a 1-year high of $206.63. The stock has a market capitalization of $35.49 billion, a PE ratio of 23.79 and a beta of 0.81.

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.