Nvest Financial LLC Buys 12,814 Shares of iShares S&P 500 Value ETF $IVE

Nvest Financial LLC grew its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 34.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 50,118 shares of the company’s stock after acquiring an additional 12,814 shares during the quarter. iShares S&P 500 Value ETF comprises about 4.4% of Nvest Financial LLC’s investment portfolio, making the stock its 4th largest holding. Nvest Financial LLC’s holdings in iShares S&P 500 Value ETF were worth $10,629,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Decker Retirement Planning Inc. acquired a new position in iShares S&P 500 Value ETF during the 4th quarter valued at about $26,000. United Services Automobile Association acquired a new stake in shares of iShares S&P 500 Value ETF in the second quarter valued at approximately $26,000. Palisade Asset Management LLC bought a new stake in shares of iShares S&P 500 Value ETF during the third quarter valued at approximately $29,000. Ransom Advisory Ltd acquired a new position in shares of iShares S&P 500 Value ETF during the fourth quarter worth approximately $31,000. Finally, Birchbrook Inc. bought a new position in iShares S&P 500 Value ETF in the 4th quarter worth approximately $31,000.

iShares S&P 500 Value ETF Price Performance

Shares of iShares S&P 500 Value ETF stock opened at $227.06 on Thursday. iShares S&P 500 Value ETF has a 1-year low of $189.34 and a 1-year high of $228.95. The business’s fifty day moving average price is $220.33 and its two-hundred day moving average price is $216.87. The company has a market capitalization of $50.13 billion, a P/E ratio of 20.70 and a beta of 0.83.

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.