Rehmann Capital Advisory Group Has $135.63 Million Stock Position in iShares S&P 500 Value ETF $IVE

Rehmann Capital Advisory Group boosted its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.8% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 656,319 shares of the company’s stock after buying an additional 30,316 shares during the quarter. iShares S&P 500 Value ETF accounts for approximately 7.4% of Rehmann Capital Advisory Group’s holdings, making the stock its biggest position. Rehmann Capital Advisory Group owned approximately 0.32% of iShares S&P 500 Value ETF worth $135,627,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of IVE. Laurel Wealth Advisors LLC lifted its position in iShares S&P 500 Value ETF by 19,441.2% during the second quarter. Laurel Wealth Advisors LLC now owns 1,215,465 shares of the company’s stock valued at $237,526,000 after purchasing an additional 1,209,245 shares during the period. Envestnet Asset Management Inc. grew its position in iShares S&P 500 Value ETF by 5.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 22,121,389 shares of the company’s stock worth $4,568,288,000 after purchasing an additional 1,137,886 shares during the period. Ameriprise Financial Inc. raised its stake in iShares S&P 500 Value ETF by 19.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,031,014 shares of the company’s stock valued at $591,818,000 after buying an additional 484,782 shares during the last quarter. EP Wealth Advisors LLC raised its stake in iShares S&P 500 Value ETF by 795.8% during the 2nd quarter. EP Wealth Advisors LLC now owns 373,966 shares of the company’s stock valued at $73,081,000 after buying an additional 332,218 shares during the last quarter. Finally, MML Investors Services LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 19.9% during the 2nd quarter. MML Investors Services LLC now owns 1,396,052 shares of the company’s stock valued at $272,817,000 after buying an additional 231,828 shares during the period.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE stock traded up $1.47 on Friday, reaching $213.38. The stock had a trading volume of 67,792 shares, compared to its average volume of 1,277,666. The stock has a market cap of $48.20 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 $223.05. The company has a 50 day simple moving average of $218.25 and a 200 day simple moving average of $211.58.

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.