Ascentis Independent Advisors Purchases 3,874 Shares of iShares S&P 500 Value ETF $IVE

Ascentis Independent Advisors raised its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 111.4% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 7,350 shares of the company’s stock after purchasing an additional 3,874 shares during the quarter. Ascentis Independent Advisors’ holdings in iShares S&P 500 Value ETF were worth $1,552,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in IVE. Cassaday & Co Wealth Management LLC boosted its position in shares of iShares S&P 500 Value ETF by 3,286.8% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 1,153,776 shares of the company’s stock valued at $244,681,000 after acquiring an additional 1,119,709 shares during the last quarter. Morgan Stanley increased its position in iShares S&P 500 Value ETF by 7.5% in the fourth quarter. Morgan Stanley now owns 15,278,856 shares of the company’s stock worth $3,240,188,000 after purchasing an additional 1,068,945 shares during the last quarter. JPMorgan Chase & Co. raised its stake in iShares S&P 500 Value ETF by 4.6% during the fourth quarter. JPMorgan Chase & Co. now owns 18,748,246 shares of the company’s stock valued at $3,975,941,000 after purchasing an additional 821,872 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in iShares S&P 500 Value ETF by 47.4% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,540,243 shares of the company’s stock valued at $538,709,000 after purchasing an additional 816,767 shares in the last quarter. Finally, Park Avenue Securities LLC raised its stake in iShares S&P 500 Value ETF by 40.4% during the fourth quarter. Park Avenue Securities LLC now owns 2,467,550 shares of the company’s stock valued at $523,293,000 after purchasing an additional 710,518 shares in the last quarter.

iShares S&P 500 Value ETF Stock Up 0.3%

IVE stock opened at $230.91 on Tuesday. iShares S&P 500 Value ETF has a 52 week low of $193.90 and a 52 week high of $231.15. The firm has a market capitalization of $48.69 billion, a P/E ratio of 20.70 and a beta of 0.82. The company has a fifty day simple moving average of $226.12 and a two-hundred day simple moving average of $219.64.

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.