FSR Wealth Management Ltd. Takes Position in iShares S&P 500 Value ETF $IVE

FSR Wealth Management Ltd. purchased a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 1,059 shares of the company’s stock, valued at approximately $207,000.

A number of other large investors also recently modified their holdings of IVE. Envestnet Asset Management Inc. lifted its stake in shares of iShares S&P 500 Value ETF by 38.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 18,643,646 shares of the company’s stock valued at $3,553,106,000 after acquiring an additional 5,207,877 shares during the last quarter. JPMorgan Chase & Co. raised its position in iShares S&P 500 Value ETF by 5.5% during the 1st quarter. JPMorgan Chase & Co. now owns 17,776,163 shares of the company’s stock worth $3,387,781,000 after purchasing an additional 922,557 shares during the last quarter. Liberty Wealth Management LLC raised its position in iShares S&P 500 Value ETF by 1,324.3% during the 1st quarter. Liberty Wealth Management LLC now owns 845,488 shares of the company’s stock worth $161,133,000 after purchasing an additional 786,127 shares during the last quarter. CWM LLC raised its position in iShares S&P 500 Value ETF by 24.6% during the 1st quarter. CWM LLC now owns 1,806,062 shares of the company’s stock worth $344,199,000 after purchasing an additional 356,756 shares during the last quarter. Finally, Cetera Investment Advisers raised its position in iShares S&P 500 Value ETF by 20.2% during the 1st quarter. Cetera Investment Advisers now owns 1,960,044 shares of the company’s stock worth $373,545,000 after purchasing an additional 328,727 shares during the last quarter.

iShares S&P 500 Value ETF Stock Up 0.5%

Shares of NYSEARCA:IVE opened at $209.86 on Friday. The firm has a market cap of $42.59 billion, a P/E ratio of 20.70 and a beta of 0.94. iShares S&P 500 Value ETF has a 12-month low of $165.45 and a 12-month high of $210.37. The business has a fifty day simple moving average of $204.84 and a 200 day simple moving average of $195.77.

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.