iShares S&P 500 Value ETF $IVE Shares Acquired by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC lifted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,065,301 shares of the company’s stock after purchasing an additional 58,895 shares during the quarter. Janney Montgomery Scott LLC owned about 0.52% of iShares S&P 500 Value ETF worth $219,995,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. FLP Wealth Management LLC raised its stake in iShares S&P 500 Value ETF by 628.5% during the 3rd quarter. FLP Wealth Management LLC now owns 16,727 shares of the company’s stock valued at $3,454,000 after acquiring an additional 14,431 shares during the last quarter. Curbstone Financial Management Corp purchased a new stake in shares of iShares S&P 500 Value ETF during the third quarter worth approximately $564,000. American Trust purchased a new position in iShares S&P 500 Value ETF during the second quarter worth about $806,000. Cerity Partners LLC boosted its stake in shares of iShares S&P 500 Value ETF by 24.7% in the second quarter. Cerity Partners LLC now owns 100,448 shares of the company’s stock valued at $19,630,000 after buying an additional 19,870 shares in the last quarter. Finally, Franklin Resources Inc. grew its stake in shares of iShares S&P 500 Value ETF by 4.3% during the 2nd quarter. Franklin Resources Inc. now owns 51,715 shares of the company’s stock worth $10,106,000 after purchasing an additional 2,115 shares during the period.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE stock opened at $217.40 on Monday. The stock has a fifty day moving average price of $211.31 and a 200 day moving average price of $205.50. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year high of $217.69. The stock has a market cap of $49.21 billion, a PE ratio of 20.70 and a beta of 0.89.

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.