Retirement Wealth Solutions LLC Increases Position in iShares S&P 500 Value ETF $IVE

Retirement Wealth Solutions LLC raised its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 36.3% in the 4th quarter, Holdings Channel reports. The firm owned 25,485 shares of the company’s stock after acquiring an additional 6,787 shares during the period. iShares S&P 500 Value ETF makes up 3.4% of Retirement Wealth Solutions LLC’s investment portfolio, making the stock its 8th largest holding. Retirement Wealth Solutions LLC’s holdings in iShares S&P 500 Value ETF were worth $5,405,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its holdings in shares of iShares S&P 500 Value ETF by 5.4% in the third quarter. Envestnet Asset Management Inc. now owns 22,121,389 shares of the company’s stock worth $4,568,288,000 after purchasing an additional 1,137,886 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of iShares S&P 500 Value ETF by 0.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 17,895,697 shares of the company’s stock valued at $3,497,177,000 after acquiring an additional 119,534 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of iShares S&P 500 Value ETF by 0.9% in the third quarter. Bank of America Corp DE now owns 8,396,957 shares of the company’s stock valued at $1,734,056,000 after purchasing an additional 72,040 shares in the last quarter. UBS Group AG grew its holdings in shares of iShares S&P 500 Value ETF by 1.0% in the third quarter. UBS Group AG now owns 3,604,778 shares of the company’s stock valued at $744,423,000 after purchasing an additional 37,372 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position in iShares S&P 500 Value ETF by 19.0% in the second quarter. Ameriprise Financial Inc. now owns 3,031,014 shares of the company’s stock worth $591,818,000 after purchasing an additional 484,782 shares during the last quarter.

iShares S&P 500 Value ETF Stock Down 0.9%

iShares S&P 500 Value ETF stock opened at $207.73 on Friday. iShares S&P 500 Value ETF has a 52-week low of $165.45 and a 52-week high of $223.05. The firm’s fifty day moving average is $217.73 and its 200 day moving average is $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.

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. 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.