Quadrant Private Wealth Management LLC Has $9.39 Million Position in iShares S&P 500 Value ETF $IVE

Quadrant Private Wealth Management LLC raised its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 6.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 48,048 shares of the company’s stock after purchasing an additional 2,895 shares during the quarter. iShares S&P 500 Value ETF accounts for 1.9% of Quadrant Private Wealth Management LLC’s portfolio, making the stock its 8th largest holding. Quadrant Private Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $9,390,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Envestnet Asset Management Inc. boosted its stake in iShares S&P 500 Value ETF by 12.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 20,983,503 shares of the company’s stock valued at $4,100,596,000 after buying an additional 2,339,857 shares in the last quarter. JPMorgan Chase & Co. raised its stake in iShares S&P 500 Value ETF by 5.5% during the first quarter. JPMorgan Chase & Co. now owns 17,776,163 shares of the company’s stock worth $3,387,781,000 after acquiring an additional 922,557 shares in the last quarter. Liberty Wealth Management LLC raised its stake in iShares S&P 500 Value ETF by 1,324.3% during the first quarter. Liberty Wealth Management LLC now owns 845,488 shares of the company’s stock worth $161,133,000 after acquiring an additional 786,127 shares in the last quarter. CWM LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 24.6% during the first quarter. CWM LLC now owns 1,806,062 shares of the company’s stock valued at $344,199,000 after acquiring an additional 356,756 shares during the period. Finally, Cetera Investment Advisers lifted its holdings in shares of iShares S&P 500 Value ETF by 20.2% during the first quarter. Cetera Investment Advisers now owns 1,960,044 shares of the company’s stock valued at $373,545,000 after acquiring an additional 328,727 shares during the period.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:IVE opened at $207.90 on Friday. The company’s fifty day moving average is $206.07 and its 200-day moving average is $197.90. iShares S&P 500 Value ETF has a 52 week low of $165.45 and a 52 week high of $211.83. The company has a market capitalization of $42.40 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.