iShares S&P 500 Value ETF (NYSEARCA:IVE) is Financial Life Advisors’ 2nd Largest Position

Financial Life Advisors increased its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 155,957 shares of the company’s stock after acquiring an additional 7,029 shares during the period. iShares S&P 500 Value ETF makes up about 11.6% of Financial Life Advisors’ holdings, making the stock its 2nd largest holding. Financial Life Advisors owned approximately 0.09% of iShares S&P 500 Value ETF worth $30,750,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its stake 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 worth $3,320,751,000 after purchasing an additional 861,704 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in iShares S&P 500 Value ETF by 3.5% during the second quarter. Envestnet Asset Management Inc. now owns 12,380,397 shares of the company’s stock worth $2,253,356,000 after purchasing an additional 420,007 shares in the last quarter. LPL Financial LLC lifted its stake in iShares S&P 500 Value ETF by 4.9% during the second quarter. LPL Financial LLC now owns 4,258,617 shares of the company’s stock worth $775,111,000 after purchasing an additional 200,427 shares in the last quarter. US Bancorp DE raised its stake in shares of iShares S&P 500 Value ETF by 9.9% in 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, Envestnet Portfolio Solutions Inc. raised its stake in shares of iShares S&P 500 Value ETF by 3.4% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 1,424,716 shares of the company’s stock valued at $259,313,000 after acquiring an additional 47,074 shares in the last quarter.

iShares S&P 500 Value ETF Trading Down 0.9 %

Shares of NYSEARCA IVE opened at $198.99 on Tuesday. The stock has a market cap of $35.65 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 12-month low of $147.23 and a 12-month high of $201.08. The business’s fifty day simple moving average is $194.90 and its 200-day simple moving average is $187.36.

About iShares S&P 500 Value ETF

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.