LifePlan Investment Advisors Inc. Has $3.32 Million Stake in iShares S&P 500 Value ETF $IVE

LifePlan Investment Advisors Inc. lifted its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 18.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,082 shares of the company’s stock after purchasing an additional 2,561 shares during the quarter. LifePlan Investment Advisors Inc.’s holdings in iShares S&P 500 Value ETF were worth $3,321,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Envestnet Asset Management Inc. grew its holdings in shares of iShares S&P 500 Value ETF by 5.4% during the third quarter. Envestnet Asset Management Inc. now owns 22,121,389 shares of the company’s stock worth $4,568,288,000 after buying an additional 1,137,886 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of iShares S&P 500 Value ETF by 0.7% in the second quarter. JPMorgan Chase & Co. now owns 17,895,697 shares of the company’s stock valued at $3,497,177,000 after purchasing an additional 119,534 shares during the period. UBS Group AG lifted its stake in shares of iShares S&P 500 Value ETF by 1.0% during the 3rd quarter. UBS Group AG now owns 3,604,778 shares of the company’s stock worth $744,423,000 after buying an additional 37,372 shares during the last quarter. Ameriprise Financial Inc. grew its stake in iShares S&P 500 Value ETF by 19.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,031,014 shares of the company’s stock valued at $591,818,000 after buying an additional 484,782 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its holdings in iShares S&P 500 Value ETF by 4.7% in the 2nd quarter. PNC Financial Services Group Inc. now owns 2,362,479 shares of the company’s stock valued at $461,676,000 after acquiring an additional 105,403 shares during the period.

iShares S&P 500 Value ETF Stock Down 0.3%

Shares of NYSEARCA:IVE opened at $214.76 on Thursday. iShares S&P 500 Value ETF has a 12-month low of $165.45 and a 12-month high of $223.05. The business has a 50 day moving average of $218.25 and a 200-day moving average of $211.57. The stock has a market cap of $48.51 billion, a PE ratio of 20.70 and a beta of 0.89.

About iShares S&P 500 Value ETF

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.