Austin Private Wealth LLC Acquires 91,736 Shares of iShares S&P 500 Value ETF $IVE

Austin Private Wealth LLC lifted its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 38.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 329,691 shares of the company’s stock after purchasing an additional 91,736 shares during the quarter. iShares S&P 500 Value ETF accounts for 5.2% of Austin Private Wealth LLC’s holdings, making the stock its 3rd largest position. Austin Private Wealth LLC’s holdings in iShares S&P 500 Value ETF were worth $69,918,000 as of its most recent SEC filing.

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

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA IVE opened at $211.86 on Friday. The stock has a market capitalization of $46.76 billion, a P/E ratio of 20.70 and a beta of 0.89. The stock’s fifty day moving average is $216.44 and its 200 day moving average is $212.44. iShares S&P 500 Value ETF has a 52 week low of $165.45 and a 52 week high of $223.05.

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. 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.