iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Acquired by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. boosted its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,435,769 shares of the company’s stock after purchasing an additional 493,784 shares during the period. iShares S&P 500 Value ETF comprises 0.8% of Envestnet Asset Management Inc.’s investment portfolio, making the stock its 22nd biggest position. Envestnet Asset Management Inc. owned approximately 7.50% of iShares S&P 500 Value ETF worth $2,564,620,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. West Coast Financial LLC increased its position in iShares S&P 500 Value ETF by 0.3% during the fourth quarter. West Coast Financial LLC now owns 16,432 shares of the company’s stock worth $3,137,000 after buying an additional 53 shares in the last quarter. SWP Financial LLC boosted its stake in shares of iShares S&P 500 Value ETF by 0.4% during the 4th quarter. SWP Financial LLC now owns 12,799 shares of the company’s stock worth $2,443,000 after purchasing an additional 54 shares during the last quarter. Roble Belko & Company Inc grew its holdings in shares of iShares S&P 500 Value ETF by 0.5% during the fourth quarter. Roble Belko & Company Inc now owns 11,238 shares of the company’s stock worth $2,145,000 after buying an additional 57 shares in the last quarter. Family Firm Inc. raised its position in shares of iShares S&P 500 Value ETF by 0.5% in the fourth quarter. Family Firm Inc. now owns 10,464 shares of the company’s stock valued at $1,998,000 after buying an additional 57 shares during the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in shares of iShares S&P 500 Value ETF by 1.6% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 3,788 shares of the company’s stock valued at $723,000 after buying an additional 59 shares during the period.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE opened at $172.67 on Friday. iShares S&P 500 Value ETF has a fifty-two week low of $172.56 and a fifty-two week high of $206.63. The company has a market capitalization of $33.62 billion, a PE ratio of 21.80 and a beta of 0.94. The stock has a fifty day moving average of $193.16 and a two-hundred day moving average of $195.67.

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.