Invst LLC Increases Stock Position in iShares S&P 500 Value ETF $IVE

Invst LLC raised its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 28.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 91,822 shares of the company’s stock after buying an additional 20,587 shares during the quarter. iShares S&P 500 Value ETF accounts for approximately 2.1% of Invst LLC’s holdings, making the stock its 6th biggest holding. Invst LLC’s holdings in iShares S&P 500 Value ETF were worth $19,473,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of IVE. Brighton Jones LLC increased its holdings in iShares S&P 500 Value ETF by 0.8% in the 4th quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock valued at $2,679,000 after buying an additional 112 shares during the period. Great Lakes Advisors LLC increased its holdings in iShares S&P 500 Value ETF by 6,385.7% in the 1st quarter. Great Lakes Advisors LLC now owns 454 shares of the company’s stock valued at $83,000 after buying an additional 447 shares during the period. Schnieders Capital Management LLC. bought a new stake in iShares S&P 500 Value ETF in the 2nd quarter valued at $550,000. Russell Investments Group Ltd. increased its holdings in iShares S&P 500 Value ETF by 28.8% in the 2nd quarter. Russell Investments Group Ltd. now owns 2,131 shares of the company’s stock valued at $416,000 after buying an additional 477 shares during the period. Finally, First Trust Advisors LP increased its holdings in iShares S&P 500 Value ETF by 2.8% in the 2nd quarter. First Trust Advisors LP now owns 26,527 shares of the company’s stock valued at $5,184,000 after buying an additional 731 shares during the period.

iShares S&P 500 Value ETF Stock Performance

IVE opened at $226.54 on Friday. The firm’s 50-day simple moving average is $221.01 and its 200-day simple moving average is $217.08. iShares S&P 500 Value ETF has a twelve month low of $189.66 and a twelve month high of $229.53. The firm has a market cap of $50.02 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82.

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.