EverSource Wealth Advisors LLC Raises Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

EverSource Wealth Advisors LLC increased its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 663.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,328 shares of the company’s stock after acquiring an additional 2,023 shares during the period. EverSource Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $416,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IVE. Cetera Investment Advisers grew its position in shares of iShares S&P 500 Value ETF by 905.6% during the 1st quarter. Cetera Investment Advisers now owns 1,410,516 shares of the company’s stock valued at $263,498,000 after acquiring an additional 1,270,256 shares during the period. Envestnet Portfolio Solutions Inc. boosted its holdings in iShares S&P 500 Value ETF by 503.8% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 1,377,642 shares of the company’s stock worth $257,357,000 after buying an additional 1,149,497 shares during the last quarter. International Assets Investment Management LLC boosted its holdings in iShares S&P 500 Value ETF by 17,397.0% in the 4th quarter. International Assets Investment Management LLC now owns 1,119,109 shares of the company’s stock worth $194,602,000 after buying an additional 1,112,713 shares during the last quarter. CWM LLC boosted its holdings in iShares S&P 500 Value ETF by 228.4% in the 1st quarter. CWM LLC now owns 1,496,348 shares of the company’s stock worth $279,533,000 after buying an additional 1,040,767 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in iShares S&P 500 Value ETF by 5.1% in the 1st quarter. JPMorgan Chase & Co. now owns 17,776,089 shares of the company’s stock worth $3,320,751,000 after buying an additional 861,704 shares during the last quarter.

iShares S&P 500 Value ETF Stock Down 1.4 %

IVE traded down $2.62 during trading on Friday, reaching $186.65. The company’s stock had a trading volume of 984,447 shares, compared to its average volume of 768,872. The firm has a fifty day simple moving average of $184.22 and a two-hundred day simple moving average of $181.48. iShares S&P 500 Value ETF has a 1 year low of $147.23 and a 1 year high of $191.93. The company has a market cap of $33.44 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

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.