iShares S&P 500 Value ETF $IVE Holdings Raised by DAVENPORT & Co LLC

DAVENPORT & Co LLC raised its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 32.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,837 shares of the company’s stock after purchasing an additional 2,419 shares during the period. DAVENPORT & Co LLC’s holdings in iShares S&P 500 Value ETF were worth $2,086,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. United Services Automobile Association bought a new stake in shares of iShares S&P 500 Value ETF in the 2nd quarter valued at approximately $26,000. Palisade Asset Management LLC acquired a new position in iShares S&P 500 Value ETF in the third quarter worth approximately $29,000. Ransom Advisory Ltd bought a new position in iShares S&P 500 Value ETF during the fourth quarter valued at approximately $31,000. Center for Financial Planning Inc. bought a new position in iShares S&P 500 Value ETF during the third quarter valued at approximately $32,000. Finally, Tripletail Wealth Management LLC acquired a new stake in iShares S&P 500 Value ETF in the third quarter valued at approximately $37,000.

iShares S&P 500 Value ETF Trading Down 1.2%

iShares S&P 500 Value ETF stock opened at $207.57 on Friday. iShares S&P 500 Value ETF has a 1-year low of $165.45 and a 1-year high of $223.05. The firm’s fifty day simple moving average is $216.98 and its 200-day simple moving average is $212.19. The company has a market capitalization of $46.89 billion, a P/E ratio of 20.70 and a beta of 0.89.

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. 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.