iShares S&P 500 Value ETF $IVE Stock Position Lifted by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.6% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 18,748,246 shares of the company’s stock after purchasing an additional 821,872 shares during the period. JPMorgan Chase & Co. owned about 8.30% of iShares S&P 500 Value ETF worth $3,975,941,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IVE. Brighton Jones LLC lifted its stake 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 valued at $2,679,000 after acquiring an additional 112 shares during the last quarter. Great Lakes Advisors LLC lifted its stake in iShares S&P 500 Value ETF by 6,385.7% in the first 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. acquired a new stake in iShares S&P 500 Value ETF in the second quarter valued at approximately $550,000. Russell Investments Group Ltd. lifted its stake in iShares S&P 500 Value ETF by 28.8% in the second quarter. Russell Investments Group Ltd. now owns 2,131 shares of the company’s stock valued at $416,000 after acquiring an additional 477 shares during the last quarter. Finally, First Trust Advisors LP lifted its stake in iShares S&P 500 Value ETF by 2.8% in the second quarter. First Trust Advisors LP now owns 26,527 shares of the company’s stock valued at $5,184,000 after acquiring an additional 731 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

NYSEARCA IVE opened at $226.54 on Monday. The stock has a market capitalization of $50.02 billion, a PE ratio of 20.70 and a beta of 0.82. The company has a 50 day moving average price of $221.01 and a two-hundred day moving average price of $217.14. iShares S&P 500 Value ETF has a 12-month low of $189.66 and a 12-month high of $229.53.

About iShares S&P 500 Value ETF

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.