Wealth Enhancement Advisory Services LLC Has $21.33 Million Stock Holdings in iShares S&P 500 Value ETF $IVE

Wealth Enhancement Advisory Services LLC boosted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 10.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 98,635 shares of the company’s stock after buying an additional 9,021 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in iShares S&P 500 Value ETF were worth $21,334,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Envestnet Asset Management Inc. grew its holdings in shares of iShares S&P 500 Value ETF by 5.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 22,121,389 shares of the company’s stock valued at $4,568,288,000 after acquiring an additional 1,137,886 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of iShares S&P 500 Value ETF by 0.9% during the third quarter. Bank of America Corp DE now owns 8,396,957 shares of the company’s stock worth $1,734,056,000 after acquiring an additional 72,040 shares in the last quarter. UBS Group AG boosted its position in iShares S&P 500 Value ETF by 1.0% during the third quarter. UBS Group AG now owns 3,604,778 shares of the company’s stock valued at $744,423,000 after purchasing an additional 37,372 shares during the last quarter. Ameriprise Financial Inc. grew its stake in iShares S&P 500 Value ETF by 19.0% in the second quarter. Ameriprise Financial Inc. now owns 3,031,014 shares of the company’s stock valued at $591,818,000 after purchasing an additional 484,782 shares in the last quarter. Finally, Park Avenue Securities LLC grew its stake in iShares S&P 500 Value ETF by 40.4% in the fourth quarter. Park Avenue Securities LLC now owns 2,467,550 shares of the company’s stock valued at $523,293,000 after purchasing an additional 710,518 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

IVE opened at $210.24 on Wednesday. iShares S&P 500 Value ETF has a fifty-two week low of $165.45 and a fifty-two week high of $223.05. The business has a 50-day moving average of $217.45 and a 200-day moving average of $212.11. The company has a market capitalization of $47.49 billion, a PE ratio of 20.70 and a beta of 0.89.

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.