Independent Solutions Wealth Management LLC increased its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 1.0% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 77,798 shares of the company’s stock after purchasing an additional 761 shares during the quarter. iShares S&P 500 Value ETF accounts for 3.0% of Independent Solutions Wealth Management LLC’s investment portfolio, making the stock its 5th biggest holding. Independent Solutions Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $15,203,000 at the end of the most recent quarter.
A number of other hedge funds have also made changes to their positions in IVE. Envestnet Asset Management Inc. grew its position in shares of iShares S&P 500 Value ETF by 38.8% in the first quarter. Envestnet Asset Management Inc. now owns 18,643,646 shares of the company’s stock valued at $3,553,106,000 after purchasing an additional 5,207,877 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of iShares S&P 500 Value ETF by 5.5% in the first quarter. JPMorgan Chase & Co. now owns 17,776,163 shares of the company’s stock valued at $3,387,781,000 after buying an additional 922,557 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in iShares S&P 500 Value ETF by 4.2% during the first quarter. Goldman Sachs Group Inc. now owns 2,590,004 shares of the company’s stock worth $493,603,000 after acquiring an additional 105,418 shares during the last quarter. Ameriprise Financial Inc. boosted its position in iShares S&P 500 Value ETF by 3.7% during the first quarter. Ameriprise Financial Inc. now owns 2,546,232 shares of the company’s stock worth $485,361,000 after acquiring an additional 90,856 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its stake in iShares S&P 500 Value ETF by 5.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,257,076 shares of the company’s stock worth $430,153,000 after acquiring an additional 114,406 shares during the period.
iShares S&P 500 Value ETF Stock Up 0.2%
Shares of iShares S&P 500 Value ETF stock opened at $208.32 on Tuesday. iShares S&P 500 Value ETF has a fifty-two week low of $165.45 and a fifty-two week high of $209.12. The business’s fifty day moving average is $202.48 and its two-hundred day moving average is $193.60. The firm has a market cap of $42.09 billion, a PE ratio of 20.70 and a beta of 0.94.
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.
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