Ameritas Advisory Services LLC Grows Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Ameritas Advisory Services LLC increased its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 41.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 22,267 shares of the company’s stock after buying an additional 6,552 shares during the quarter. Ameritas Advisory Services LLC’s holdings in iShares S&P 500 Value ETF were worth $4,250,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. International Assets Investment Management LLC increased its position in shares of iShares S&P 500 Value ETF by 18,046.1% during the third quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock worth $262,938,000 after acquiring an additional 1,326,211 shares during the period. Sanctuary Advisors LLC acquired a new position in iShares S&P 500 Value ETF in the second quarter valued at $82,555,000. USA Financial Formulas acquired a new position in iShares S&P 500 Value ETF in the fourth quarter valued at $77,191,000. The Manufacturers Life Insurance Company raised its holdings in shares of iShares S&P 500 Value ETF by 43.2% in the second quarter. The Manufacturers Life Insurance Company now owns 918,220 shares of the company’s stock valued at $167,125,000 after buying an additional 277,110 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its holdings in shares of iShares S&P 500 Value ETF by 7.6% in the third quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock valued at $389,537,000 after buying an additional 139,651 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:IVE opened at $194.09 on Monday. The stock has a market capitalization of $34.77 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a one year low of $170.13 and a one year high of $206.63. The company has a 50-day simple moving average of $196.93 and a 200-day simple moving average of $194.15.

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.