iShares S&P 500 Value ETF $IVE is Ascent Group LLC’s 2nd Largest Position

Ascent Group LLC grew its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 37.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 426,679 shares of the company’s stock after buying an additional 116,756 shares during the period. iShares S&P 500 Value ETF makes up 3.1% of Ascent Group LLC’s investment portfolio, making the stock its 2nd largest position. Ascent Group LLC’s holdings in iShares S&P 500 Value ETF were worth $90,486,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IVE. JB Capital LLC boosted its stake in iShares S&P 500 Value ETF by 42.4% during the fourth quarter. JB Capital LLC now owns 920,131 shares of the company’s stock worth $195,132,000 after acquiring an additional 273,921 shares in the last quarter. Chatterton & Associates Inc. purchased a new position in shares of iShares S&P 500 Value ETF during the fourth quarter valued at approximately $4,654,000. Sovran Advisors LLC boosted its position in shares of iShares S&P 500 Value ETF by 19.6% in the 4th quarter. Sovran Advisors LLC now owns 93,636 shares of the company’s stock worth $20,391,000 after purchasing an additional 15,361 shares in the last quarter. Savvy Advisors Inc. boosted its position in shares of iShares S&P 500 Value ETF by 36.9% in the 4th quarter. Savvy Advisors Inc. now owns 6,487 shares of the company’s stock worth $1,376,000 after purchasing an additional 1,750 shares in the last quarter. Finally, ETF Portfolio Partners Inc. grew its stake in shares of iShares S&P 500 Value ETF by 5.9% in the 4th quarter. ETF Portfolio Partners Inc. now owns 34,412 shares of the company’s stock worth $7,298,000 after buying an additional 1,903 shares during 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 fifty day simple moving average of $216.44 and a two-hundred day simple moving average of $212.44. iShares S&P 500 Value ETF has a 12-month low of $165.45 and a 12-month high of $223.05. The stock has a market capitalization of $46.76 billion, a price-to-earnings 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.