iShares S&P 500 Value ETF $IVE Shares Acquired by MML Investors Services LLC

MML Investors Services LLC lifted its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 48.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,103,532 shares of the company’s stock after acquiring an additional 689,967 shares during the quarter. iShares S&P 500 Value ETF makes up about 1.1% of MML Investors Services LLC’s holdings, making the stock its 14th biggest holding. MML Investors Services LLC’s holdings in iShares S&P 500 Value ETF were worth $446,096,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in IVE. Flagship Private Wealth LLC lifted its position in iShares S&P 500 Value ETF by 1.1% in the 4th quarter. Flagship Private Wealth LLC now owns 4,250 shares of the company’s stock worth $901,000 after buying an additional 48 shares in the last quarter. Patten & Patten Inc. TN lifted its position in iShares S&P 500 Value ETF by 4.8% in the 4th quarter. Patten & Patten Inc. TN now owns 1,048 shares of the company’s stock worth $222,000 after buying an additional 48 shares in the last quarter. Bernardo Wealth Planning LLC increased its stake in shares of iShares S&P 500 Value ETF by 0.5% during the 4th quarter. Bernardo Wealth Planning LLC now owns 9,495 shares of the company’s stock worth $2,014,000 after purchasing an additional 49 shares during the last quarter. Stegner Investment Associates Inc. increased its stake in shares of iShares S&P 500 Value ETF by 0.3% during the 4th quarter. Stegner Investment Associates Inc. now owns 16,304 shares of the company’s stock worth $3,457,000 after purchasing an additional 49 shares during the last quarter. Finally, Rossby Financial LCC increased its stake in shares of iShares S&P 500 Value ETF by 6.6% during the 4th quarter. Rossby Financial LCC now owns 807 shares of the company’s stock worth $171,000 after purchasing an additional 50 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE opened at $228.73 on Monday. The company’s fifty day moving average is $222.71 and its 200-day moving average is $217.88. iShares S&P 500 Value ETF has a 12 month low of $189.66 and a 12 month high of $229.53. The firm has a market cap of $50.50 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82.

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.