Rothschild Wealth LLC Grows Stock Position in iShares S&P 500 Value ETF $IVE

Rothschild Wealth LLC raised its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 72.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 116,756 shares of the company’s stock after acquiring an additional 49,101 shares during the period. iShares S&P 500 Value ETF comprises about 3.0% of Rothschild Wealth LLC’s investment portfolio, making the stock its 2nd largest position. Rothschild Wealth LLC’s holdings in iShares S&P 500 Value ETF were worth $24,761,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Envestnet Asset Management Inc. boosted its position in shares of iShares S&P 500 Value ETF by 5.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 22,121,389 shares of the company’s stock valued at $4,568,288,000 after purchasing an additional 1,137,886 shares in the last quarter. Bank of America Corp DE boosted its position in shares of iShares S&P 500 Value ETF by 0.9% during the 3rd quarter. Bank of America Corp DE now owns 8,396,957 shares of the company’s stock valued at $1,734,056,000 after purchasing an additional 72,040 shares in the last quarter. UBS Group AG boosted its position in shares of iShares S&P 500 Value ETF by 1.0% during the 3rd quarter. UBS Group AG now owns 3,604,778 shares of the company’s stock valued at $744,423,000 after purchasing an additional 37,372 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of 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 purchasing an additional 484,782 shares in the last quarter. Finally, CWM LLC boosted its position in shares of iShares S&P 500 Value ETF by 37.5% during the 4th quarter. CWM LLC now owns 2,579,248 shares of the company’s stock valued at $546,981,000 after purchasing an additional 702,987 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of iShares S&P 500 Value ETF stock opened at $227.92 on Monday. iShares S&P 500 Value ETF has a one year low of $187.50 and a one year high of $228.95. The stock’s 50-day moving average is $219.24 and its 200 day moving average is $216.53. The firm has a market cap of $50.32 billion, a price-to-earnings ratio of 20.70 and a beta of 0.83.

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.