iShares S&P 500 Value ETF $IVE Shares Purchased by Nvest Financial LLC

Nvest Financial LLC increased its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.5% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 52,394 shares of the company’s stock after purchasing an additional 2,276 shares during the period. iShares S&P 500 Value ETF makes up 4.1% of Nvest Financial LLC’s portfolio, making the stock its 4th biggest position. Nvest Financial LLC’s holdings in iShares S&P 500 Value ETF were worth $11,063,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew 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 period. Morgan Stanley boosted its stake in 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 buying an additional 1,068,945 shares in the last quarter. Bank of America Corp DE boosted its stake in 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 buying an additional 72,040 shares in the last quarter. Wells Fargo & Company MN grew its position in iShares S&P 500 Value ETF by 2.0% in the fourth 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 grew its position in iShares S&P 500 Value ETF by 1.0% in the third 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 during the period.

iShares S&P 500 Value ETF Price Performance

iShares S&P 500 Value ETF stock opened at $230.20 on Monday. The firm has a market capitalization of $48.54 billion, a P/E ratio of 20.70 and a beta of 0.82. The stock has a fifty day moving average price of $225.92 and a two-hundred day moving average price of $219.50. iShares S&P 500 Value ETF has a 52-week low of $193.90 and a 52-week high of $230.26.

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.