iShares S&P 500 Value ETF $IVE is Shared Vision Wealth Group LLC’s 6th Largest Position

Shared Vision Wealth Group LLC raised its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 31.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 34,396 shares of the company’s stock after buying an additional 8,201 shares during the quarter. iShares S&P 500 Value ETF makes up approximately 3.0% of Shared Vision Wealth Group LLC’s portfolio, making the stock its 6th biggest holding. Shared Vision Wealth Group LLC’s holdings in iShares S&P 500 Value ETF were worth $7,469,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Bank of America Corp DE increased its holdings in iShares S&P 500 Value ETF by 0.9% in the third quarter. Bank of America Corp DE now owns 8,396,957 shares of the company’s stock valued at $1,734,056,000 after buying an additional 72,040 shares in the last quarter. UBS Group AG increased its holdings in iShares S&P 500 Value ETF by 1.0% in the third quarter. UBS Group AG now owns 3,604,778 shares of the company’s stock valued at $744,423,000 after buying an additional 37,372 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of iShares S&P 500 Value ETF by 19.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,031,014 shares of the company’s stock worth $591,818,000 after purchasing an additional 484,782 shares in the last quarter. CWM LLC increased its stake in shares of iShares S&P 500 Value ETF by 37.5% during the 4th quarter. CWM LLC now owns 2,579,248 shares of the company’s stock worth $546,981,000 after purchasing an additional 702,987 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its stake in shares of iShares S&P 500 Value ETF by 47.4% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 2,540,243 shares of the company’s stock worth $538,709,000 after purchasing an additional 816,767 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE opened at $226.54 on Friday. The firm has a 50 day simple moving average of $221.01 and a 200-day simple moving average of $217.08. iShares S&P 500 Value ETF has a 1-year low of $189.66 and a 1-year high of $229.53. The stock has a market cap of $50.02 billion, a price-to-earnings 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.