LVZ Inc. Buys 145,720 Shares of iShares S&P 500 Value ETF $IVE

LVZ Inc. boosted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 32.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 595,326 shares of the company’s stock after acquiring an additional 145,720 shares during the quarter. iShares S&P 500 Value ETF accounts for 14.0% of LVZ Inc.’s holdings, making the stock its 2nd largest position. LVZ Inc.’s holdings in iShares S&P 500 Value ETF were worth $122,941,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. grew its stake in shares of iShares S&P 500 Value ETF by 12.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 20,983,503 shares of the company’s stock worth $4,100,596,000 after purchasing an additional 2,339,857 shares during the period. Laurel Wealth Advisors LLC lifted its stake in shares of iShares S&P 500 Value ETF by 19,441.2% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,215,465 shares of the company’s stock valued at $237,526,000 after purchasing an additional 1,209,245 shares during the period. Ameriprise Financial Inc. boosted its holdings in iShares S&P 500 Value ETF by 19.0% during the second quarter. Ameriprise Financial Inc. now owns 3,031,014 shares of the company’s stock worth $591,818,000 after buying an additional 484,782 shares in the last quarter. EP Wealth Advisors LLC grew its position in iShares S&P 500 Value ETF by 795.8% during the second quarter. EP Wealth Advisors LLC now owns 373,966 shares of the company’s stock valued at $73,081,000 after buying an additional 332,218 shares during the period. Finally, MML Investors Services LLC grew its position in iShares S&P 500 Value ETF by 19.9% during the second quarter. MML Investors Services LLC now owns 1,396,052 shares of the company’s stock valued at $272,817,000 after buying an additional 231,828 shares during the period.

iShares S&P 500 Value ETF Stock Performance

Shares of iShares S&P 500 Value ETF stock opened at $216.77 on Wednesday. The firm has a 50-day simple moving average of $211.66 and a two-hundred day simple moving average of $205.83. The company has a market cap of $49.14 billion, a P/E ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a fifty-two week low of $165.45 and a fifty-two week high of $217.69.

iShares S&P 500 Value ETF Company 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.