Personal CFO Solutions LLC bought a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 5,796 shares of the company’s stock, valued at approximately $1,224,000.
Several other large investors have also made changes to their positions in IVE. JPMorgan Chase & Co. lifted its stake in shares of iShares S&P 500 Value ETF by 4.6% in the 4th quarter. JPMorgan Chase & Co. now owns 18,748,246 shares of the company’s stock valued at $3,975,941,000 after purchasing an additional 821,872 shares during the last quarter. Morgan Stanley lifted its position in shares of iShares S&P 500 Value ETF by 7.5% in the fourth 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 lifted its position in shares of iShares S&P 500 Value ETF by 0.9% in the third quarter. Bank of America Corp DE now owns 8,396,957 shares of the company’s stock worth $1,734,056,000 after buying an additional 72,040 shares during the last quarter. Wells Fargo & Company MN raised its stake in shares of iShares S&P 500 Value ETF by 2.0% in the 4th quarter. Wells Fargo & Company MN now owns 6,264,139 shares of the company’s stock valued at $1,328,436,000 after acquiring an additional 120,153 shares in the last quarter. Finally, UBS Group AG raised its stake in shares of iShares S&P 500 Value ETF by 1.0% in the 3rd quarter. UBS Group AG now owns 3,604,778 shares of the company’s stock valued at $744,423,000 after acquiring an additional 37,372 shares in the last quarter.
iShares S&P 500 Value ETF Stock Down 0.8%
Shares of iShares S&P 500 Value ETF stock opened at $228.90 on Thursday. iShares S&P 500 Value ETF has a 12-month low of $193.90 and a 12-month high of $232.28. The stock has a 50 day moving average price of $226.50 and a two-hundred day moving average price of $219.91. The stock has a market capitalization of $48.26 billion, a P/E ratio of 20.70 and a beta of 0.82.
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. 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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