Baron Silver Stevens Financial Advisors LLC purchased a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 2,041 shares of the company’s stock, valued at approximately $399,000.
Other hedge funds have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its position in shares of iShares S&P 500 Value ETF by 38.8% during 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. boosted its position in iShares S&P 500 Value ETF by 5.5% during the 1st quarter. JPMorgan Chase & Co. now owns 17,776,163 shares of the company’s stock valued at $3,387,781,000 after acquiring an additional 922,557 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of iShares S&P 500 Value ETF by 4.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,590,004 shares of the company’s stock worth $493,603,000 after acquiring an additional 105,418 shares during the period. Ameriprise Financial Inc. grew its holdings in shares of iShares S&P 500 Value ETF by 3.7% during the 1st quarter. Ameriprise Financial Inc. now owns 2,546,232 shares of the company’s stock worth $485,361,000 after acquiring an additional 90,856 shares during the period. Finally, PNC Financial Services Group Inc. raised its position in shares of iShares S&P 500 Value ETF by 5.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,257,076 shares of the company’s stock worth $430,153,000 after acquiring an additional 114,406 shares in the last quarter.
iShares S&P 500 Value ETF Stock Up 0.8%
IVE opened at $205.47 on Monday. iShares S&P 500 Value ETF has a 52 week low of $165.45 and a 52 week high of $206.63. The stock has a market cap of $41.25 billion, a PE ratio of 20.70 and a beta of 0.94. The business has a 50 day moving average of $201.56 and a 200-day moving average of $192.88.
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.
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