Evanson Financial LLC Takes $1.09 Million Position in iShares S&P 500 Value ETF $IVE

Evanson Financial LLC acquired a new stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 4,806 shares of the company’s stock, valued at approximately $1,091,000.

A number of other institutional investors also recently bought and sold shares of IVE. JPMorgan Chase & Co. lifted its holdings in iShares S&P 500 Value ETF by 4.6% in the fourth quarter. JPMorgan Chase & Co. now owns 18,748,246 shares of the company’s stock valued at $3,975,941,000 after acquiring an additional 821,872 shares during the last quarter. Morgan Stanley increased its holdings in iShares S&P 500 Value ETF by 7.5% during the 4th quarter. Morgan Stanley now owns 15,278,856 shares of the company’s stock worth $3,240,188,000 after purchasing an additional 1,068,945 shares during the period. Bank of America Corp DE lifted its stake in iShares S&P 500 Value ETF by 2.0% in the first quarter. Bank of America Corp DE now owns 9,457,775 shares of the company’s stock worth $1,997,009,000 after acquiring an additional 182,358 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in iShares S&P 500 Value ETF by 2.0% during the 4th quarter. Wells Fargo & Company MN now owns 6,264,139 shares of the company’s stock worth $1,328,436,000 after buying an additional 120,153 shares during the last quarter. Finally, Cetera Investment Advisers boosted its holdings in iShares S&P 500 Value ETF by 22.5% in the fourth quarter. Cetera Investment Advisers now owns 3,409,979 shares of the company’s stock valued at $723,154,000 after purchasing an additional 627,109 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA:IVE opened at $235.78 on Friday. The company’s fifty day moving average price is $229.51 and its 200 day moving average price is $222.52. iShares S&P 500 Value ETF has a 12 month low of $197.66 and a 12 month high of $236.39. The firm has a market capitalization of $49.83 billion, a P/E ratio of 20.70 and a beta of 0.82.

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. 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.