CX Institutional Raises Stake in iShares S&P 500 Value ETF $IVE

CX Institutional lifted its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 215,726 shares of the company’s stock after acquiring an additional 14,951 shares during the quarter. iShares S&P 500 Value ETF makes up 1.3% of CX Institutional’s investment portfolio, making the stock its 12th largest position. CX Institutional owned approximately 0.10% of iShares S&P 500 Value ETF worth $49,246,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its stake in iShares S&P 500 Value ETF by 4.6% in the 4th quarter. JPMorgan Chase & Co. now owns 18,748,246 shares of the company’s stock valued at $3,975,941,000 after acquiring an additional 821,872 shares during the period. Bank of America Corp DE boosted its position 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 purchasing an additional 182,358 shares during the period. Wells Fargo & Company MN increased its stake in shares of iShares S&P 500 Value ETF by 2.0% in the fourth quarter. Wells Fargo & Company MN now owns 6,264,139 shares of the company’s stock worth $1,328,436,000 after purchasing an additional 120,153 shares in the last quarter. MML Investors Services LLC increased its stake in shares of iShares S&P 500 Value ETF by 48.8% in the fourth quarter. MML Investors Services LLC now owns 2,103,532 shares of the company’s stock worth $446,096,000 after purchasing an additional 689,967 shares in the last quarter. Finally, Lido Advisors LLC increased its stake in shares of iShares S&P 500 Value ETF by 4.4% in the first quarter. Lido Advisors LLC now owns 1,944,079 shares of the company’s stock worth $410,493,000 after purchasing an additional 81,088 shares in the last quarter.

iShares S&P 500 Value ETF Trading Up 0.4%

Shares of NYSEARCA IVE traded up $1.01 during midday trading on Friday, hitting $229.62. The company’s stock had a trading volume of 576,983 shares, compared to its average volume of 952,724. The firm has a market capitalization of $48.51 billion, a price-to-earnings ratio of 20.70 and a beta of 0.83. The stock has a fifty day moving average price of $234.57 and a 200 day moving average price of $227.00. iShares S&P 500 Value ETF has a one year low of $202.45 and a one year high of $239.93.

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. 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.