iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Bought by Advisory Services Network LLC

Advisory Services Network LLC grew its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 19.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 61,181 shares of the company’s stock after acquiring an additional 10,058 shares during the quarter. Advisory Services Network LLC’s holdings in iShares S&P 500 Value ETF were worth $11,678,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IVE. Envestnet Asset Management Inc. grew its holdings in shares of iShares S&P 500 Value ETF by 3.8% during the fourth quarter. Envestnet Asset Management Inc. now owns 13,435,769 shares of the company’s stock worth $2,564,620,000 after buying an additional 493,784 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in iShares S&P 500 Value ETF by 8.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,142,670 shares of the company’s stock worth $408,993,000 after acquiring an additional 167,028 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in iShares S&P 500 Value ETF in the 4th quarter worth approximately $311,273,000. Envestnet Portfolio Solutions Inc. raised its holdings in iShares S&P 500 Value ETF by 3.4% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 1,527,973 shares of the company’s stock valued at $291,659,000 after acquiring an additional 49,640 shares during the last quarter. Finally, Huntington National Bank boosted its holdings in shares of iShares S&P 500 Value ETF by 4.6% during the fourth quarter. Huntington National Bank now owns 1,094,262 shares of the company’s stock worth $208,873,000 after purchasing an additional 48,336 shares during the last quarter.

iShares S&P 500 Value ETF Trading Down 0.8 %

Shares of NYSEARCA:IVE opened at $171.26 on Tuesday. iShares S&P 500 Value ETF has a 12-month low of $165.45 and a 12-month high of $206.63. The stock’s 50-day moving average price is $192.62 and its two-hundred day moving average price is $195.49. The firm has a market cap of $33.34 billion, a price-to-earnings ratio of 21.80 and a beta of 0.94.

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.