ORG Partners LLC Acquires 429 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

ORG Partners LLC lifted its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 72.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,019 shares of the company’s stock after purchasing an additional 429 shares during the quarter. ORG Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $194,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its stake in shares of iShares S&P 500 Value ETF by 3.8% in the fourth quarter. Envestnet Asset Management Inc. now owns 13,435,769 shares of the company’s stock valued at $2,564,620,000 after acquiring an additional 493,784 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of iShares S&P 500 Value ETF by 2.5% in the fourth quarter. Bank of America Corp DE now owns 8,148,548 shares of the company’s stock worth $1,555,395,000 after acquiring an additional 200,707 shares during the last quarter. Stifel Financial Corp lifted its holdings in shares of iShares S&P 500 Value ETF by 3.5% in the fourth quarter. Stifel Financial Corp now owns 2,576,656 shares of the company’s stock worth $491,832,000 after acquiring an additional 88,096 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 7.5% in the fourth quarter. Ameriprise Financial Inc. now owns 2,455,376 shares of the company’s stock worth $468,171,000 after acquiring an additional 171,953 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 8.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,142,670 shares of the company’s stock worth $408,993,000 after acquiring an additional 167,028 shares during the last quarter.

iShares S&P 500 Value ETF Trading Up 0.2%

IVE stock opened at $190.27 on Friday. The firm has a 50-day moving average price of $186.60 and a 200-day moving average price of $190.18. The stock has a market capitalization of $38.15 billion, a P/E ratio of 20.88 and a beta of 0.89. iShares S&P 500 Value ETF has a 12 month low of $165.45 and a 12 month high of $206.63.

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.