Wells Fargo & Company MN grew its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 2.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 6,264,139 shares of the company’s stock after buying an additional 120,153 shares during the quarter. Wells Fargo & Company MN owned 2.77% of iShares S&P 500 Value ETF worth $1,328,436,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently modified their holdings of IVE. Brighton Jones LLC grew its stake in shares of iShares S&P 500 Value ETF by 0.8% during the fourth quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock valued at $2,679,000 after buying an additional 112 shares during the last quarter. Great Lakes Advisors LLC grew its stake in iShares S&P 500 Value ETF by 6,385.7% in the first quarter. Great Lakes Advisors LLC now owns 454 shares of the company’s stock worth $83,000 after purchasing an additional 447 shares in the last quarter. Schnieders Capital Management LLC. bought a new position in iShares S&P 500 Value ETF in the second quarter worth approximately $550,000. Russell Investments Group Ltd. grew its stake in iShares S&P 500 Value ETF by 28.8% in the second quarter. Russell Investments Group Ltd. now owns 2,131 shares of the company’s stock worth $416,000 after purchasing an additional 477 shares in the last quarter. Finally, First Trust Advisors LP grew its stake in iShares S&P 500 Value ETF by 2.8% in the second quarter. First Trust Advisors LP now owns 26,527 shares of the company’s stock worth $5,184,000 after purchasing an additional 731 shares in the last quarter.
iShares S&P 500 Value ETF Stock Up 0.7%
Shares of NYSEARCA:IVE opened at $228.73 on Friday. iShares S&P 500 Value ETF has a 52-week low of $189.66 and a 52-week high of $229.53. The stock has a market cap of $50.50 billion, a P/E ratio of 20.70 and a beta of 0.82. The business’s 50 day moving average is $222.71 and its 200 day moving average is $217.80.
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. 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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