Bay Harbor Wealth Management LLC Grows Stock Position in iShares S&P 500 Value ETF $IVE

Bay Harbor Wealth Management LLC raised its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 17.3% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 56,259 shares of the company’s stock after buying an additional 8,306 shares during the period. iShares S&P 500 Value ETF comprises about 3.2% of Bay Harbor Wealth Management LLC’s portfolio, making the stock its 13th largest holding. Bay Harbor Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $10,994,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of IVE. Cloud Capital Management LLC purchased a new position in shares of iShares S&P 500 Value ETF in the 1st quarter valued at about $27,000. Mowery & Schoenfeld Wealth Management LLC purchased a new position in shares of iShares S&P 500 Value ETF in the 1st quarter valued at about $29,000. Nemes Rush Group LLC increased its stake in shares of iShares S&P 500 Value ETF by 625.0% in the 1st quarter. Nemes Rush Group LLC now owns 174 shares of the company’s stock valued at $33,000 after purchasing an additional 150 shares in the last quarter. Flaharty Asset Management LLC purchased a new position in shares of iShares S&P 500 Value ETF in the 1st quarter valued at about $33,000. Finally, IMG Wealth Management Inc. purchased a new position in shares of iShares S&P 500 Value ETF in the 1st quarter valued at about $34,000.

iShares S&P 500 Value ETF Stock Up 0.4%

Shares of iShares S&P 500 Value ETF stock opened at $207.84 on Friday. iShares S&P 500 Value ETF has a twelve month low of $165.45 and a twelve month high of $208.86. The business has a 50-day moving average price of $202.31 and a 200 day moving average price of $193.45. The firm has a market cap of $41.99 billion, a PE ratio of 20.70 and a beta of 0.94.

About iShares S&P 500 Value ETF

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.