LifePlan Investment Advisors Inc. lowered its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 20.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,913 shares of the company’s stock after selling 4,329 shares during the quarter. iShares S&P 500 Value ETF comprises 1.3% of LifePlan Investment Advisors Inc.’s holdings, making the stock its 29th largest holding. LifePlan Investment Advisors Inc.’s holdings in iShares S&P 500 Value ETF were worth $3,840,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds also recently added to or reduced their stakes in IVE. JPMorgan Chase & Co. lifted its position in shares of iShares S&P 500 Value ETF by 4.6% during the fourth quarter. JPMorgan Chase & Co. now owns 18,748,246 shares of the company’s stock valued at $3,975,941,000 after buying an additional 821,872 shares during the last quarter. Morgan Stanley grew its position in shares of iShares S&P 500 Value ETF by 7.5% in the 4th quarter. Morgan Stanley now owns 15,278,856 shares of the company’s stock worth $3,240,188,000 after buying an additional 1,068,945 shares during the last quarter. Bank of America Corp DE grew its position in shares of iShares S&P 500 Value ETF by 2.0% in the 1st quarter. Bank of America Corp DE now owns 9,457,775 shares of the company’s stock worth $1,997,009,000 after buying an additional 182,358 shares during the last quarter. Wells Fargo & Company MN raised its stake in shares of 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 acquiring an additional 120,153 shares in the last quarter. Finally, Cetera Investment Advisers raised its stake in shares of iShares S&P 500 Value ETF by 22.5% during the 4th quarter. Cetera Investment Advisers now owns 3,409,979 shares of the company’s stock worth $723,154,000 after acquiring an additional 627,109 shares in the last quarter.
iShares S&P 500 Value ETF Stock Up 0.7%
NYSEARCA:IVE opened at $238.37 on Friday. iShares S&P 500 Value ETF has a 52 week low of $201.22 and a 52 week high of $239.93. The firm has a 50 day moving average of $233.38 and a 200 day moving average of $225.04. The stock has a market capitalization of $50.38 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82.
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. 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.
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