Wescott Financial Advisory Group LLC Acquires 1,373 Shares of iShares S&P 500 Value ETF $IVE

Wescott Financial Advisory Group LLC boosted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 35,845 shares of the company’s stock after buying an additional 1,373 shares during the period. iShares S&P 500 Value ETF accounts for about 0.7% of Wescott Financial Advisory Group LLC’s investment portfolio, making the stock its 28th biggest holding. Wescott Financial Advisory Group LLC’s holdings in iShares S&P 500 Value ETF were worth $7,005,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Envestnet Asset Management Inc. raised its position in shares of iShares S&P 500 Value ETF by 12.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 20,983,503 shares of the company’s stock worth $4,100,596,000 after acquiring an additional 2,339,857 shares in the last quarter. JPMorgan Chase & Co. grew its stake in iShares S&P 500 Value ETF by 5.5% in the first quarter. JPMorgan Chase & Co. now owns 17,776,163 shares of the company’s stock valued at $3,387,781,000 after purchasing an additional 922,557 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in iShares S&P 500 Value ETF by 4.2% in the first quarter. Goldman Sachs Group Inc. now owns 2,590,004 shares of the company’s stock valued at $493,603,000 after purchasing an additional 105,418 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in iShares S&P 500 Value ETF by 3.7% in the first quarter. Ameriprise Financial Inc. now owns 2,546,232 shares of the company’s stock worth $485,361,000 after purchasing an additional 90,856 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in shares of iShares S&P 500 Value ETF by 4.7% during the second quarter. PNC Financial Services Group Inc. now owns 2,362,479 shares of the company’s stock valued at $461,676,000 after buying an additional 105,403 shares during the last quarter.

iShares S&P 500 Value ETF Stock Down 1.1%

Shares of iShares S&P 500 Value ETF stock opened at $207.38 on Tuesday. The company has a market cap of $42.30 billion, a P/E ratio of 20.70 and a beta of 0.89. The firm’s 50 day moving average price is $206.88 and its 200-day moving average price is $199.31. iShares S&P 500 Value ETF has a 52-week low of $165.45 and a 52-week high of $212.54.

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.