Dentgroup LLC Grows Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Dentgroup LLC grew its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 14.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,663 shares of the company’s stock after buying an additional 576 shares during the quarter. Dentgroup LLC’s holdings in iShares S&P 500 Value ETF were worth $890,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in IVE. Envestnet Asset Management Inc. raised its stake in iShares S&P 500 Value ETF by 3.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,380,397 shares of the company’s stock worth $2,253,356,000 after acquiring an additional 420,007 shares during the period. LPL Financial LLC raised its position in shares of iShares S&P 500 Value ETF by 4.9% during the 2nd quarter. LPL Financial LLC now owns 4,258,617 shares of the company’s stock valued at $775,111,000 after purchasing an additional 200,427 shares during the period. Stifel Financial Corp lifted its stake in shares of iShares S&P 500 Value ETF by 2.5% during the 3rd quarter. Stifel Financial Corp now owns 2,488,560 shares of the company’s stock valued at $490,670,000 after buying an additional 60,868 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in iShares S&P 500 Value ETF by 7.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock worth $389,537,000 after buying an additional 139,651 shares during the period. Finally, International Assets Investment Management LLC increased its stake in iShares S&P 500 Value ETF by 18,046.1% in the 3rd quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock worth $262,938,000 after buying an additional 1,326,211 shares in the last quarter.

iShares S&P 500 Value ETF Stock Up 0.7 %

NYSEARCA:IVE traded up $1.29 on Friday, reaching $191.25. 469,227 shares of the company’s stock traded hands, compared to its average volume of 1,553,160. The stock has a 50-day simple moving average of $198.24 and a 200-day simple moving average of $193.28. iShares S&P 500 Value ETF has a 12 month low of $170.13 and a 12 month high of $206.63. The firm has a market cap of $34.26 billion, a PE ratio of 23.79 and a beta of 0.81.

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.