iShares S&P 500 Value ETF $IVE Stock: Park Avenue Securities LLC Grows Stake

Park Avenue Securities LLC boosted its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,816,354 shares of the company’s stock after buying an additional 5,323 shares during the quarter. iShares S&P 500 Value ETF makes up approximately 2.5% of Park Avenue Securities LLC’s investment portfolio, making the stock its 5th biggest holding. Park Avenue Securities LLC’s holdings in iShares S&P 500 Value ETF were worth $414,637,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of IVE. Bank of America Corp DE lifted its holdings in iShares S&P 500 Value ETF by 2.0% during the first quarter. Bank of America Corp DE now owns 9,457,775 shares of the company’s stock worth $1,997,009,000 after buying an additional 182,358 shares during the period. Lido Advisors LLC boosted its position in iShares S&P 500 Value ETF by 4.4% during the 1st quarter. Lido Advisors LLC now owns 1,944,079 shares of the company’s stock valued at $410,493,000 after acquiring an additional 81,088 shares in the last quarter. Royal Bank of Canada increased its holdings in shares of iShares S&P 500 Value ETF by 3.6% in the 1st quarter. Royal Bank of Canada now owns 1,396,602 shares of the company’s stock valued at $294,892,000 after acquiring an additional 48,869 shares during the period. Cassaday & Co Wealth Management LLC increased its holdings in shares of iShares S&P 500 Value ETF by 3.8% in the 1st quarter. Cassaday & Co Wealth Management LLC now owns 1,197,963 shares of the company’s stock valued at $252,950,000 after acquiring an additional 44,187 shares during the period. Finally, Sofi Wealth LLC increased its holdings in shares of iShares S&P 500 Value ETF by 0.4% in the 1st quarter. Sofi Wealth LLC now owns 979,965 shares of the company’s stock valued at $206,920,000 after acquiring an additional 4,340 shares during the period.

iShares S&P 500 Value ETF Trading Up 0.3%

IVE opened at $238.85 on Tuesday. The firm has a market cap of $50.55 billion, a price-to-earnings ratio of 20.70 and a beta of 0.83. iShares S&P 500 Value ETF has a 12 month low of $203.15 and a 12 month high of $239.93. The stock has a fifty day moving average price of $234.49 and a 200-day moving average price of $225.54.

iShares S&P 500 Value ETF Company 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. 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.