Bay Harbor Wealth Management LLC Boosts Stock Holdings in iShares S&P 500 Value ETF $IVE

Bay Harbor Wealth Management LLC boosted its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 17.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 56,259 shares of the company’s stock after buying an additional 8,306 shares during the period. iShares S&P 500 Value ETF accounts for about 3.2% of Bay Harbor Wealth Management LLC’s portfolio, making the stock its 13th largest holding. Bay Harbor Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $10,994,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Gutierrez Wealth Advisory LLC purchased a new stake in iShares S&P 500 Value ETF during the 2nd quarter worth approximately $214,000. McNaughton Wealth Management LLC increased its stake in iShares S&P 500 Value ETF by 12.0% during the 2nd quarter. McNaughton Wealth Management LLC now owns 61,114 shares of the company’s stock worth $11,943,000 after buying an additional 6,560 shares in the last quarter. Signature Wealth Management Partners LLC increased its stake in iShares S&P 500 Value ETF by 12.3% during the 2nd quarter. Signature Wealth Management Partners LLC now owns 94,583 shares of the company’s stock worth $18,483,000 after buying an additional 10,353 shares in the last quarter. Peoples Bank OH increased its stake in iShares S&P 500 Value ETF by 5.5% during the 2nd quarter. Peoples Bank OH now owns 24,461 shares of the company’s stock worth $4,780,000 after buying an additional 1,277 shares in the last quarter. Finally, NTV Asset Management LLC increased its stake in iShares S&P 500 Value ETF by 4.0% during the 2nd quarter. NTV Asset Management LLC now owns 2,034 shares of the company’s stock worth $397,000 after buying an additional 79 shares in the last quarter.

iShares S&P 500 Value ETF Trading Up 0.4%

NYSEARCA:IVE opened at $207.84 on Friday. iShares S&P 500 Value ETF has a 12 month low of $165.45 and a 12 month high of $208.86. The stock has a 50 day moving average of $202.31 and a two-hundred day moving average of $193.45. The firm has a market cap of $41.99 billion, a P/E ratio of 20.70 and a beta of 0.94.

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.