Sapient Capital LLC Grows Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Sapient Capital LLC increased its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,023 shares of the company’s stock after acquiring an additional 163 shares during the period. Sapient Capital LLC’s holdings in iShares S&P 500 Value ETF were worth $5,912,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its stake in iShares S&P 500 Value ETF by 3.8% in the fourth quarter. Envestnet Asset Management Inc. now owns 13,435,769 shares of the company’s stock worth $2,564,620,000 after purchasing an additional 493,784 shares during the last quarter. Bank of America Corp DE lifted its stake in iShares S&P 500 Value ETF by 2.5% in the fourth quarter. Bank of America Corp DE now owns 8,148,548 shares of the company’s stock worth $1,555,395,000 after purchasing an additional 200,707 shares during the last quarter. Stifel Financial Corp lifted its stake in iShares S&P 500 Value ETF by 3.5% in the fourth quarter. Stifel Financial Corp now owns 2,576,656 shares of the company’s stock worth $491,832,000 after purchasing an additional 88,096 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in iShares S&P 500 Value ETF by 7.5% in the fourth quarter. Ameriprise Financial Inc. now owns 2,455,376 shares of the company’s stock worth $468,171,000 after purchasing an additional 171,953 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in iShares S&P 500 Value ETF by 8.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,142,670 shares of the company’s stock worth $408,993,000 after purchasing an additional 167,028 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA IVE opened at $192.26 on Thursday. The company has a market cap of $38.36 billion, a P/E ratio of 20.88 and a beta of 0.89. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year high of $206.63. The firm has a 50-day simple moving average of $184.36 and a two-hundred day simple moving average of $190.96.

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.