iShares S&P 500 Value ETF $IVE Shares Bought by Concorde Asset Management LLC

Concorde Asset Management LLC grew its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 20.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,090 shares of the company’s stock after purchasing an additional 2,582 shares during the quarter. iShares S&P 500 Value ETF makes up about 1.3% of Concorde Asset Management LLC’s holdings, making the stock its 21st biggest position. Concorde Asset Management LLC’s holdings in iShares S&P 500 Value ETF were worth $3,200,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IVE. Cassaday & Co Wealth Management LLC raised its holdings in iShares S&P 500 Value ETF by 3,286.8% during the fourth quarter. Cassaday & Co Wealth Management LLC now owns 1,153,776 shares of the company’s stock worth $244,681,000 after purchasing an additional 1,119,709 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in iShares S&P 500 Value ETF by 4.6% during the fourth quarter. JPMorgan Chase & Co. now owns 18,748,246 shares of the company’s stock worth $3,975,941,000 after purchasing an additional 821,872 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in iShares S&P 500 Value ETF by 47.4% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,540,243 shares of the company’s stock worth $538,709,000 after purchasing an additional 816,767 shares in the last quarter. Park Avenue Securities LLC raised its holdings in iShares S&P 500 Value ETF by 40.4% during the fourth quarter. Park Avenue Securities LLC now owns 2,467,550 shares of the company’s stock worth $523,293,000 after purchasing an additional 710,518 shares in the last quarter. Finally, CWM LLC raised its holdings in iShares S&P 500 Value ETF by 37.5% during the fourth quarter. CWM LLC now owns 2,579,248 shares of the company’s stock worth $546,981,000 after purchasing an additional 702,987 shares in the last quarter.

iShares S&P 500 Value ETF Trading Up 0.7%

IVE stock opened at $228.73 on Friday. iShares S&P 500 Value ETF has a twelve month low of $189.66 and a twelve month high of $229.53. The company’s 50 day moving average is $222.71 and its two-hundred day moving average is $217.80. The stock has a market cap of $50.50 billion, a P/E ratio of 20.70 and a beta of 0.82.

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.