iShares S&P 500 Value ETF (NYSEARCA:IVE) Holdings Raised by Investment Advisory Group LLC

Investment Advisory Group LLC raised its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 11.1% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,528 shares of the company’s stock after buying an additional 1,553 shares during the period. iShares S&P 500 Value ETF comprises about 1.1% of Investment Advisory Group LLC’s investment portfolio, making the stock its 24th biggest holding. Investment Advisory Group LLC’s holdings in iShares S&P 500 Value ETF were worth $3,062,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. boosted its position in iShares S&P 500 Value ETF by 5.1% during the first quarter. JPMorgan Chase & Co. now owns 17,776,089 shares of the company’s stock valued at $3,320,751,000 after purchasing an additional 861,704 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of iShares S&P 500 Value ETF by 3.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 12,380,397 shares of the company’s stock valued at $2,253,356,000 after buying an additional 420,007 shares in the last quarter. LPL Financial LLC increased its holdings in iShares S&P 500 Value ETF by 4.9% in the second quarter. LPL Financial LLC now owns 4,258,617 shares of the company’s stock worth $775,111,000 after buying an additional 200,427 shares during the last quarter. US Bancorp DE raised its position in iShares S&P 500 Value ETF by 9.9% during the first quarter. US Bancorp DE now owns 1,539,081 shares of the company’s stock valued at $287,516,000 after acquiring an additional 139,258 shares in the last quarter. Finally, CWM LLC lifted its stake in iShares S&P 500 Value ETF by 228.4% in the first quarter. CWM LLC now owns 1,496,348 shares of the company’s stock valued at $279,533,000 after acquiring an additional 1,040,767 shares during the last quarter.

iShares S&P 500 Value ETF Stock Down 0.3 %

IVE stock traded down $0.61 during trading hours on Tuesday, hitting $199.18. The company’s stock had a trading volume of 516,802 shares, compared to its average volume of 691,593. The company has a market capitalization of $35.68 billion, a PE ratio of 23.79 and a beta of 0.81. The stock has a 50 day moving average price of $193.37 and a two-hundred day moving average price of $186.82. iShares S&P 500 Value ETF has a 12 month low of $147.23 and a 12 month high of $200.94.

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.