Bleakley Financial Group LLC Acquires New Stake in iShares S&P 500 Value ETF $IVE

Bleakley Financial Group LLC bought a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 11,534 shares of the company’s stock, valued at approximately $2,446,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Envestnet Asset Management Inc. increased its holdings in shares of iShares S&P 500 Value ETF by 5.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 22,121,389 shares of the company’s stock worth $4,568,288,000 after purchasing an additional 1,137,886 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of iShares S&P 500 Value ETF by 0.9% in the 3rd quarter. Bank of America Corp DE now owns 8,396,957 shares of the company’s stock worth $1,734,056,000 after purchasing an additional 72,040 shares in the last quarter. UBS Group AG increased its holdings in shares of iShares S&P 500 Value ETF by 1.0% in the 3rd quarter. UBS Group AG now owns 3,604,778 shares of the company’s stock worth $744,423,000 after purchasing an additional 37,372 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of iShares S&P 500 Value ETF by 19.0% in 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, CWM LLC increased its holdings in shares of iShares S&P 500 Value ETF by 37.5% in the 4th quarter. CWM LLC now owns 2,579,248 shares of the company’s stock worth $546,981,000 after purchasing an additional 702,987 shares in the last quarter.

iShares S&P 500 Value ETF Trading Up 0.0%

iShares S&P 500 Value ETF stock opened at $227.99 on Thursday. The firm has a market cap of $50.34 billion, a price-to-earnings ratio of 20.70 and a beta of 0.83. The stock has a fifty day simple moving average of $218.58 and a two-hundred day simple moving average of $216.26. iShares S&P 500 Value ETF has a 12 month low of $187.50 and a 12 month high of $228.95.

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.