Envestnet Portfolio Solutions Inc. Has $335.27 Million Stock Position in iShares S&P 500 Value ETF $IVE

Envestnet Portfolio Solutions Inc. lifted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,715,649 shares of the company’s stock after purchasing an additional 26,621 shares during the quarter. iShares S&P 500 Value ETF accounts for 1.2% of Envestnet Portfolio Solutions Inc.’s holdings, making the stock its 22nd biggest holding. Envestnet Portfolio Solutions Inc. owned approximately 0.86% of iShares S&P 500 Value ETF worth $335,272,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Cloud Capital Management LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter worth $27,000. Mowery & Schoenfeld Wealth Management LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter worth $29,000. Nemes Rush Group LLC lifted its position in shares of iShares S&P 500 Value ETF by 625.0% during the 1st quarter. Nemes Rush Group LLC now owns 174 shares of the company’s stock worth $33,000 after buying an additional 150 shares during the last quarter. Flaharty Asset Management LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter worth $33,000. Finally, IMG Wealth Management Inc. bought a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter worth $34,000.

iShares S&P 500 Value ETF Stock Down 2.2%

Shares of IVE stock opened at $202.52 on Monday. iShares S&P 500 Value ETF has a twelve month low of $165.45 and a twelve month high of $209.12. The company has a market cap of $40.93 billion, a P/E ratio of 20.70 and a beta of 0.94. The business has a fifty day simple moving average of $203.21 and a 200 day simple moving average of $194.01.

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.