Interchange Capital Partners LLC Boosts Holdings in iShares S&P 500 Value ETF $IVE

Interchange Capital Partners LLC lifted its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 21.8% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 14,041 shares of the company’s stock after acquiring an additional 2,515 shares during the quarter. iShares S&P 500 Value ETF accounts for about 0.6% of Interchange Capital Partners LLC’s holdings, making the stock its 28th biggest holding. Interchange Capital Partners LLC’s holdings in iShares S&P 500 Value ETF were worth $3,188,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Cassaday & Co Wealth Management LLC raised its position in iShares S&P 500 Value ETF by 3,286.8% in the 4th quarter. Cassaday & Co Wealth Management LLC now owns 1,153,776 shares of the company’s stock worth $244,681,000 after purchasing an additional 1,119,709 shares during the period. Morgan Stanley lifted its stake in iShares S&P 500 Value ETF by 7.5% in the fourth quarter. Morgan Stanley now owns 15,278,856 shares of the company’s stock worth $3,240,188,000 after purchasing an additional 1,068,945 shares during the last quarter. JPMorgan Chase & Co. boosted its position in iShares S&P 500 Value ETF by 4.6% during the fourth quarter. JPMorgan Chase & Co. now owns 18,748,246 shares of the company’s stock valued at $3,975,941,000 after buying an additional 821,872 shares during the period. Envestnet Portfolio Solutions Inc. grew its stake in shares of iShares S&P 500 Value ETF by 47.4% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,540,243 shares of the company’s stock valued at $538,709,000 after buying an additional 816,767 shares during the last quarter. Finally, CWM LLC grew its stake in shares of iShares S&P 500 Value ETF by 37.5% during the fourth quarter. CWM LLC now owns 2,579,248 shares of the company’s stock valued at $546,981,000 after buying an additional 702,987 shares during the last quarter.

iShares S&P 500 Value ETF Trading Up 0.1%

IVE opened at $236.60 on Thursday. iShares S&P 500 Value ETF has a 12 month low of $200.52 and a 12 month high of $236.97. The business’s 50-day moving average price is $230.07 and its 200-day moving average price is $222.99. The company has a market cap of $50.01 billion, a P/E ratio of 20.70 and a beta of 0.82.

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.