Schneider Downs Wealth Management Advisors LP Buys 4,883 Shares of iShares S&P 500 Value ETF $IVE

Schneider Downs Wealth Management Advisors LP raised its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 80.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 10,970 shares of the company’s stock after buying an additional 4,883 shares during the quarter. Schneider Downs Wealth Management Advisors LP’s holdings in iShares S&P 500 Value ETF were worth $2,144,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. Envestnet Asset Management Inc. lifted its stake in 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 in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of 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 in the last quarter. Goldman Sachs Group Inc. boosted its position 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 worth $493,603,000 after buying an additional 105,418 shares during the period. Ameriprise Financial Inc. boosted its position 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 worth $485,361,000 after buying an additional 90,856 shares during the period. Finally, PNC Financial Services Group Inc. raised its position in 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 valued at $430,153,000 after buying an additional 114,406 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE opened at $209.86 on Friday. The stock has a market capitalization of $42.59 billion, a price-to-earnings ratio of 20.70 and a beta of 0.94. The stock’s 50 day moving average price is $204.84 and its two-hundred day moving average price is $195.77. iShares S&P 500 Value ETF has a 52 week low of $165.45 and a 52 week high of $210.37.

iShares S&P 500 Value ETF 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.