Baker Avenue Asset Management LP Purchases 2,682 Shares of iShares S&P 500 Value ETF $IVE

Baker Avenue Asset Management LP lifted its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 213,629 shares of the company’s stock after purchasing an additional 2,682 shares during the period. iShares S&P 500 Value ETF accounts for approximately 1.0% of Baker Avenue Asset Management LP’s investment portfolio, making the stock its 22nd biggest holding. Baker Avenue Asset Management LP’s holdings in iShares S&P 500 Value ETF were worth $45,304,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its stake in iShares S&P 500 Value ETF by 5.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 22,121,389 shares of the company’s stock worth $4,568,288,000 after acquiring an additional 1,137,886 shares during the period. Bank of America Corp DE increased its stake in 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 worth $1,734,056,000 after acquiring an additional 72,040 shares during the period. UBS Group AG increased its stake in 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 worth $744,423,000 after acquiring an additional 37,372 shares during the period. Ameriprise Financial Inc. increased its stake in 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 acquiring an additional 484,782 shares during the period. Finally, CWM LLC increased its stake in iShares S&P 500 Value ETF by 37.5% during the 4th quarter. CWM LLC now owns 2,579,248 shares of the company’s stock worth $546,981,000 after acquiring an additional 702,987 shares during the period.

iShares S&P 500 Value ETF Price Performance

iShares S&P 500 Value ETF stock opened at $227.99 on Thursday. The stock’s fifty day moving average price is $218.58 and its two-hundred day moving average price is $216.26. iShares S&P 500 Value ETF has a one year low of $187.50 and a one year high of $228.95. The firm has a market cap of $50.34 billion, a PE ratio of 20.70 and a beta of 0.83.

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.