JPMorgan Chase & Co. Acquires 30,677 Shares of iShares S&P 500 Value ETF $IVE

JPMorgan Chase & Co. raised its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.2% during the third quarter, according to its most recent filing with the SEC. The firm owned 17,926,374 shares of the company’s stock after purchasing an additional 30,677 shares during the period. JPMorgan Chase & Co. owned 8.79% of iShares S&P 500 Value ETF worth $3,701,976,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of IVE. Envestnet Asset Management Inc. raised its stake in iShares S&P 500 Value ETF by 5.4% in the third quarter. Envestnet Asset Management Inc. now owns 22,121,389 shares of the company’s stock worth $4,568,288,000 after buying an additional 1,137,886 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of iShares S&P 500 Value ETF by 19.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,031,014 shares of the company’s stock valued at $591,818,000 after acquiring an additional 484,782 shares during the period. PNC Financial Services Group Inc. increased its holdings in shares of iShares S&P 500 Value ETF by 4.7% in the 2nd quarter. PNC Financial Services Group Inc. now owns 2,362,479 shares of the company’s stock valued at $461,676,000 after acquiring an additional 105,403 shares during the period. Cetera Investment Advisers raised its position in shares of iShares S&P 500 Value ETF by 7.8% in the 2nd quarter. Cetera Investment Advisers now owns 2,112,895 shares of the company’s stock worth $412,902,000 after acquiring an additional 152,851 shares in the last quarter. Finally, CWM LLC lifted its stake in shares of iShares S&P 500 Value ETF by 0.5% during the 3rd quarter. CWM LLC now owns 1,876,261 shares of the company’s stock worth $387,467,000 after purchasing an additional 9,161 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE stock opened at $220.29 on Monday. The stock’s 50-day moving average is $215.82 and its 200 day moving average is $209.11. iShares S&P 500 Value ETF has a 1-year low of $165.45 and a 1-year high of $223.05. The company has a market cap of $49.76 billion, a P/E ratio of 20.70 and a beta of 0.89.

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.