West Wealth Group LLC Increases Holdings in iShares S&P 500 Value ETF $IVE

West Wealth Group LLC raised its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.2% in the third quarter, Holdings Channel reports. The fund owned 203,887 shares of the company’s stock after acquiring an additional 6,340 shares during the period. iShares S&P 500 Value ETF comprises approximately 9.5% of West Wealth Group LLC’s holdings, making the stock its 2nd biggest position. West Wealth Group LLC’s holdings in iShares S&P 500 Value ETF were worth $42,101,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in IVE. Envestnet Asset Management Inc. increased its position in shares of iShares S&P 500 Value ETF by 12.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 20,983,503 shares of the company’s stock worth $4,100,596,000 after purchasing an additional 2,339,857 shares in the last quarter. Laurel Wealth Advisors LLC boosted its position in iShares S&P 500 Value ETF by 19,441.2% in the second quarter. Laurel Wealth Advisors LLC now owns 1,215,465 shares of the company’s stock valued at $237,526,000 after buying an additional 1,209,245 shares in the last quarter. Ameriprise Financial Inc. grew its stake in iShares S&P 500 Value ETF by 19.0% during the second quarter. Ameriprise Financial Inc. now owns 3,031,014 shares of the company’s stock worth $591,818,000 after buying an additional 484,782 shares during the last quarter. EP Wealth Advisors LLC increased its holdings in shares of iShares S&P 500 Value ETF by 795.8% during the second quarter. EP Wealth Advisors LLC now owns 373,966 shares of the company’s stock worth $73,081,000 after buying an additional 332,218 shares in the last quarter. Finally, MML Investors Services LLC increased its holdings in shares of iShares S&P 500 Value ETF by 19.9% during the second quarter. MML Investors Services LLC now owns 1,396,052 shares of the company’s stock worth $272,817,000 after buying an additional 231,828 shares in the last quarter.

iShares S&P 500 Value ETF Trading Up 0.6%

NYSEARCA:IVE opened at $217.40 on Monday. The stock has a market capitalization of $49.21 billion, a P/E ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year high of $217.69. The firm has a 50 day moving average of $211.31 and a 200-day moving average of $205.50.

iShares S&P 500 Value ETF Company 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.