Nvest Financial LLC Buys 12,814 Shares of iShares S&P 500 Value ETF $IVE

Nvest Financial LLC boosted its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 34.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 50,118 shares of the company’s stock after purchasing an additional 12,814 shares during the period. iShares S&P 500 Value ETF makes up about 4.4% of Nvest Financial LLC’s portfolio, making the stock its 4th largest holding. Nvest Financial LLC’s holdings in iShares S&P 500 Value ETF were worth $10,629,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Brighton Jones LLC raised its position in iShares S&P 500 Value ETF by 0.8% in the fourth quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock worth $2,679,000 after acquiring an additional 112 shares in the last quarter. Great Lakes Advisors LLC lifted its holdings in iShares S&P 500 Value ETF by 6,385.7% in the 1st quarter. Great Lakes Advisors LLC now owns 454 shares of the company’s stock valued at $83,000 after acquiring an additional 447 shares during the last quarter. Schnieders Capital Management LLC. bought a new position in shares of iShares S&P 500 Value ETF during the 2nd quarter valued at about $550,000. Russell Investments Group Ltd. boosted its position in shares of iShares S&P 500 Value ETF by 28.8% during the 2nd quarter. Russell Investments Group Ltd. now owns 2,131 shares of the company’s stock valued at $416,000 after purchasing an additional 477 shares in the last quarter. Finally, First Trust Advisors LP grew its stake in shares of iShares S&P 500 Value ETF by 2.8% in the 2nd quarter. First Trust Advisors LP now owns 26,527 shares of the company’s stock worth $5,184,000 after purchasing an additional 731 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

NYSEARCA IVE opened at $227.06 on Thursday. iShares S&P 500 Value ETF has a 12 month low of $189.34 and a 12 month high of $228.95. The company has a market capitalization of $50.13 billion, a P/E ratio of 20.70 and a beta of 0.83. The company’s 50 day simple moving average is $220.33 and its 200 day simple moving average is $216.87.

iShares S&P 500 Value ETF 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.