NewEdge Advisors LLC Has $181.36 Million Position in iShares S&P 500 Value ETF $IVE

NewEdge Advisors LLC lowered its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 6.2% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 858,916 shares of the company’s stock after selling 56,305 shares during the period. iShares S&P 500 Value ETF makes up 0.7% of NewEdge Advisors LLC’s portfolio, making the stock its 25th biggest position. NewEdge Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $181,360,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Assetmark Inc. raised its position in shares of iShares S&P 500 Value ETF by 30.3% in the fourth quarter. Assetmark Inc. now owns 22,567 shares of the company’s stock valued at $4,786,000 after purchasing an additional 5,244 shares during the period. TSA Wealth Managment LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 49.4% during the 4th quarter. TSA Wealth Managment LLC now owns 63,045 shares of the company’s stock worth $13,370,000 after buying an additional 20,845 shares during the period. Diversify Advisory Services LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 31.7% during the 4th quarter. Diversify Advisory Services LLC now owns 27,749 shares of the company’s stock worth $6,029,000 after buying an additional 6,675 shares during the period. Asset Dedication LLC grew its stake in iShares S&P 500 Value ETF by 20.7% in the 4th quarter. Asset Dedication LLC now owns 14,669 shares of the company’s stock valued at $3,111,000 after buying an additional 2,516 shares during the last quarter. Finally, TD Waterhouse Canada Inc. grew its stake in iShares S&P 500 Value ETF by 5.4% in the 4th quarter. TD Waterhouse Canada Inc. now owns 165,522 shares of the company’s stock valued at $35,092,000 after buying an additional 8,408 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

iShares S&P 500 Value ETF stock opened at $235.17 on Thursday. The firm has a market cap of $49.70 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a fifty-two week low of $195.99 and a fifty-two week high of $236.39. The firm has a fifty day moving average price of $229.23 and a two-hundred day moving average price of $222.30.

iShares S&P 500 Value ETF Company 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.