iShares S&P 500 Value ETF $IVE Shares Acquired by Barnes Wealth Management Group Inc

Barnes Wealth Management Group Inc lifted its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 32.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,810 shares of the company’s stock after acquiring an additional 7,094 shares during the quarter. iShares S&P 500 Value ETF accounts for approximately 3.3% of Barnes Wealth Management Group Inc’s investment portfolio, making the stock its 4th biggest holding. Barnes Wealth Management Group Inc’s holdings in iShares S&P 500 Value ETF were worth $6,110,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. JPMorgan Chase & Co. raised its stake in shares of iShares S&P 500 Value ETF by 4.6% during the 4th quarter. JPMorgan Chase & Co. now owns 18,748,246 shares of the company’s stock worth $3,975,941,000 after buying an additional 821,872 shares during the period. Morgan Stanley grew its stake in iShares S&P 500 Value ETF by 7.5% in the 4th quarter. Morgan Stanley now owns 15,278,856 shares of the company’s stock valued at $3,240,188,000 after acquiring an additional 1,068,945 shares during the period. Bank of America Corp DE grew its stake in 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 valued at $1,734,056,000 after acquiring an additional 72,040 shares during the period. Wells Fargo & Company MN increased its holdings in iShares S&P 500 Value ETF by 2.0% in the 4th quarter. Wells Fargo & Company MN now owns 6,264,139 shares of the company’s stock worth $1,328,436,000 after acquiring an additional 120,153 shares in the last quarter. Finally, UBS Group AG increased its holdings in 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 acquiring an additional 37,372 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA:IVE opened at $226.38 on Friday. The company has a fifty day moving average of $223.94 and a two-hundred day moving average of $218.35. The stock has a market capitalization of $49.98 billion, a PE ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a fifty-two week low of $189.67 and a fifty-two week high of $230.05.

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.