Rockefeller Capital Management L.P. Increases Stock Position in iShares S&P 500 Value ETF $IVE

Rockefeller Capital Management L.P. increased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 18.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 409,484 shares of the company’s stock after buying an additional 63,695 shares during the period. Rockefeller Capital Management L.P.’s holdings in iShares S&P 500 Value ETF were worth $86,839,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of IVE. JPMorgan Chase & Co. lifted its holdings in iShares S&P 500 Value ETF by 4.6% during the fourth quarter. JPMorgan Chase & Co. now owns 18,748,246 shares of the company’s stock worth $3,975,941,000 after buying an additional 821,872 shares during the period. Morgan Stanley increased its holdings in shares of iShares S&P 500 Value ETF by 7.5% in the 4th quarter. Morgan Stanley now owns 15,278,856 shares of the company’s stock valued at $3,240,188,000 after acquiring an additional 1,068,945 shares during the period. Bank of America Corp DE increased its holdings in shares of iShares S&P 500 Value ETF by 0.9% in the 3rd quarter. Bank of America Corp DE now owns 8,396,957 shares of the company’s stock valued at $1,734,056,000 after acquiring an additional 72,040 shares during the period. Wells Fargo & Company MN increased its holdings 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 during the period. Finally, UBS Group AG raised its position 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 worth $744,423,000 after acquiring an additional 37,372 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA IVE opened at $226.38 on Friday. The stock has a market capitalization of $49.98 billion, a P/E ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a 1-year low of $189.67 and a 1-year high of $230.05. The business has a fifty day moving average price of $224.14 and a 200 day moving average price of $218.40.

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. 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.