Invst LLC Boosts Holdings in iShares S&P 500 Value ETF $IVE

Invst LLC lifted its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 28.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 91,822 shares of the company’s stock after purchasing an additional 20,587 shares during the quarter. iShares S&P 500 Value ETF accounts for approximately 2.1% of Invst LLC’s holdings, making the stock its 6th biggest holding. Invst LLC’s holdings in iShares S&P 500 Value ETF were worth $19,473,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in IVE. Cassaday & Co Wealth Management LLC grew its holdings in iShares S&P 500 Value ETF by 3,286.8% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 1,153,776 shares of the company’s stock worth $244,681,000 after acquiring an additional 1,119,709 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in iShares S&P 500 Value ETF by 47.4% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 2,540,243 shares of the company’s stock worth $538,709,000 after acquiring an additional 816,767 shares during the last quarter. Park Avenue Securities LLC grew its holdings in iShares S&P 500 Value ETF by 40.4% during the 4th quarter. Park Avenue Securities LLC now owns 2,467,550 shares of the company’s stock worth $523,293,000 after acquiring an additional 710,518 shares during the last quarter. CWM LLC grew its holdings in iShares S&P 500 Value ETF by 37.5% during the 4th quarter. CWM LLC now owns 2,579,248 shares of the company’s stock worth $546,981,000 after acquiring an additional 702,987 shares during the last quarter. Finally, Valpey Financial Services LLC grew its holdings in iShares S&P 500 Value ETF by 21,032.2% during the 4th quarter. Valpey Financial Services LLC now owns 623,189 shares of the company’s stock worth $132,160,000 after acquiring an additional 620,240 shares during the last quarter.

iShares S&P 500 Value ETF Stock Down 1.1%

Shares of NYSEARCA:IVE opened at $226.54 on Friday. iShares S&P 500 Value ETF has a 12 month low of $189.66 and a 12 month high of $229.53. The company’s 50-day moving average price is $221.01 and its two-hundred day moving average price is $217.08. The firm has a market cap of $50.02 billion, a P/E ratio of 20.70 and a beta of 0.82.

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.