iShares S&P 500 Value ETF $IVE Shares Acquired by Pinnacle Family Advisors LLC

Pinnacle Family Advisors LLC increased its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,131 shares of the company’s stock after buying an additional 431 shares during the quarter. iShares S&P 500 Value ETF comprises approximately 1.8% of Pinnacle Family Advisors LLC’s holdings, making the stock its 15th largest position. Pinnacle Family Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $3,265,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. Envestnet Asset Management Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 38.8% in the first quarter. Envestnet Asset Management Inc. now owns 18,643,646 shares of the company’s stock valued at $3,553,106,000 after buying an additional 5,207,877 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of iShares S&P 500 Value ETF by 5.5% during 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. lifted its holdings in shares of iShares S&P 500 Value ETF by 4.2% during 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. lifted its holdings in shares of iShares S&P 500 Value ETF by 3.7% during the first quarter. Ameriprise Financial Inc. now owns 2,546,232 shares of the company’s stock valued at $485,361,000 after purchasing an additional 90,856 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 5.3% during the first quarter. PNC Financial Services Group Inc. now owns 2,257,076 shares of the company’s stock valued at $430,153,000 after purchasing an additional 114,406 shares during the last quarter.

iShares S&P 500 Value ETF Stock Down 0.5%

Shares of NYSEARCA IVE opened at $203.17 on Friday. iShares S&P 500 Value ETF has a 12 month low of $165.45 and a 12 month high of $206.63. The company has a market cap of $40.79 billion, a price-to-earnings ratio of 20.70 and a beta of 0.94. The business has a fifty day simple moving average of $199.62 and a 200-day simple moving average of $191.85.

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.