Pure Financial Advisors Inc. raised its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 68.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 81,028 shares of the company’s stock after acquiring an additional 33,048 shares during the period. iShares S&P 500 Value ETF comprises 1.7% of Pure Financial Advisors Inc.’s holdings, making the stock its 18th biggest holding. Pure Financial Advisors Inc.’s holdings in iShares S&P 500 Value ETF were worth $8,195,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the business. Morgan Stanley lifted its stake in shares of iShares S&P 500 Value ETF by 10.6% in the third quarter. Morgan Stanley now owns 10,586,449 shares of the company’s stock worth $1,226,334,000 after acquiring an additional 1,014,231 shares during the period. Wells Fargo & Company MN increased its holdings in shares of iShares S&P 500 Value ETF by 0.8% during the third quarter. Wells Fargo & Company MN now owns 7,083,497 shares of the company’s stock valued at $820,553,000 after acquiring an additional 53,831 shares in the last quarter. Varma Mutual Pension Insurance Co grew its holdings in iShares S&P 500 Value ETF by 32.6% during the third quarter. Varma Mutual Pension Insurance Co now owns 4,208,061 shares of the company’s stock worth $485,824,000 after buying an additional 1,034,999 shares in the last quarter. Cornerstone Wealth Management LLC grew its holdings in iShares S&P 500 Value ETF by 19.7% during the third quarter. Cornerstone Wealth Management LLC now owns 1,614,481 shares of the company’s stock worth $14,845,000 after buying an additional 265,767 shares in the last quarter. Finally, Matthew Goff Investment Advisor LLC grew its holdings in iShares S&P 500 Value ETF by 16,161.0% during the third quarter. Matthew Goff Investment Advisor LLC now owns 1,587,561 shares of the company’s stock worth $9,763,000 after buying an additional 1,577,798 shares in the last quarter.

iShares S&P 500 Value ETF stock traded up $0.06 during trading on Friday, hitting $104.85. 37,800 shares of the company were exchanged, compared to its average volume of 2,613,766. iShares S&P 500 Value ETF has a 52 week low of $94.72 and a 52 week high of $121.12.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 21st. Shareholders of record on Tuesday, December 18th were paid a $0.7385 dividend. This represents a $2.95 dividend on an annualized basis and a yield of 2.82%. The ex-dividend date of this dividend was Monday, December 17th. This is an increase from iShares S&P 500 Value ETF’s previous quarterly dividend of $0.68.

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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.

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Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

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