Focus Partners Wealth Raises Position in iShares S&P 500 Value ETF $IVE

Focus Partners Wealth lifted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 134.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,225,078 shares of the company’s stock after purchasing an additional 702,252 shares during the period. Focus Partners Wealth owned 0.54% of iShares S&P 500 Value ETF worth $259,801,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. JPMorgan Chase & Co. increased its stake in shares of iShares S&P 500 Value ETF by 4.6% during the 4th 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 during the last quarter. Morgan Stanley increased its stake in shares of iShares S&P 500 Value ETF by 7.5% during the 4th quarter. Morgan Stanley now owns 15,278,856 shares of the company’s stock worth $3,240,188,000 after purchasing an additional 1,068,945 shares during the last quarter. Bank of America Corp DE increased its stake 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 worth $1,734,056,000 after purchasing an additional 72,040 shares during the last quarter. Wells Fargo & Company MN increased its stake in shares of iShares S&P 500 Value ETF by 2.0% during the 4th quarter. Wells Fargo & Company MN now owns 6,264,139 shares of the company’s stock worth $1,328,436,000 after purchasing an additional 120,153 shares during the last quarter. Finally, UBS Group AG increased its stake 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 worth $744,423,000 after purchasing an additional 37,372 shares during the last quarter.

iShares S&P 500 Value ETF Trading Up 0.7%

iShares S&P 500 Value ETF stock opened at $228.73 on Friday. iShares S&P 500 Value ETF has a 1-year low of $189.66 and a 1-year high of $229.53. The firm has a market capitalization of $50.50 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. The firm has a 50 day simple moving average of $222.71 and a 200 day simple moving average of $217.80.

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.