iShares S&P 500 Value ETF $IVE is Strategic Point Investment Advisors LLC’s 5th Largest Position

Strategic Point Investment Advisors LLC grew its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.8% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 234,146 shares of the company’s stock after buying an additional 1,952 shares during the period. iShares S&P 500 Value ETF accounts for approximately 7.1% of Strategic Point Investment Advisors LLC’s holdings, making the stock its 5th biggest holding. Strategic Point Investment Advisors LLC owned approximately 0.12% of iShares S&P 500 Value ETF worth $45,757,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Envestnet Asset Management Inc. grew its stake in shares of iShares S&P 500 Value ETF by 38.8% during the 1st 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 during the period. JPMorgan Chase & Co. boosted its position in iShares S&P 500 Value ETF by 5.5% during the 1st quarter. JPMorgan Chase & Co. now owns 17,776,163 shares of the company’s stock worth $3,387,781,000 after purchasing an additional 922,557 shares during the period. Goldman Sachs Group Inc. boosted its position in iShares S&P 500 Value ETF by 4.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,590,004 shares of the company’s stock worth $493,603,000 after purchasing an additional 105,418 shares during the period. Ameriprise Financial Inc. boosted its position in iShares S&P 500 Value ETF by 3.7% during the 1st quarter. Ameriprise Financial Inc. now owns 2,546,232 shares of the company’s stock worth $485,361,000 after purchasing an additional 90,856 shares during the period. Finally, PNC Financial Services Group Inc. boosted its position in iShares S&P 500 Value ETF by 5.3% during the 1st quarter. PNC Financial Services Group Inc. now owns 2,257,076 shares of the company’s stock worth $430,153,000 after purchasing an additional 114,406 shares during the period.

iShares S&P 500 Value ETF Trading Down 2.2%

Shares of iShares S&P 500 Value ETF stock opened at $202.52 on Friday. The company has a fifty day moving average price of $203.21 and a 200 day moving average price of $194.00. iShares S&P 500 Value ETF has a twelve month low of $165.45 and a twelve month high of $209.12. The stock has a market cap of $40.93 billion, a price-to-earnings ratio of 20.70 and a beta of 0.94.

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.