Nvest Financial LLC Has $11.06 Million Stock Holdings in iShares S&P 500 Value ETF $IVE

Nvest Financial LLC lifted its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.5% during the 1st quarter, Holdings Channel reports. The fund owned 52,394 shares of the company’s stock after acquiring an additional 2,276 shares during the quarter. iShares S&P 500 Value ETF makes up approximately 4.1% of Nvest Financial LLC’s portfolio, making the stock its 4th biggest position. Nvest Financial LLC’s holdings in iShares S&P 500 Value ETF were worth $11,063,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Kathmere Capital Management LLC acquired a new position in iShares S&P 500 Value ETF in the first quarter worth $446,000. FLP Wealth Management LLC increased its stake in shares of iShares S&P 500 Value ETF by 18.2% in the first quarter. FLP Wealth Management LLC now owns 3,608 shares of the company’s stock valued at $762,000 after buying an additional 556 shares in the last quarter. Bogart Wealth LLC increased its stake in shares of iShares S&P 500 Value ETF by 85.7% in the first quarter. Bogart Wealth LLC now owns 873 shares of the company’s stock valued at $184,000 after buying an additional 403 shares in the last quarter. Indiana Trust & Investment Management Co raised its holdings in shares of iShares S&P 500 Value ETF by 107.6% in the first quarter. Indiana Trust & Investment Management Co now owns 191 shares of the company’s stock valued at $40,000 after buying an additional 99 shares during the last quarter. Finally, Ascentis Independent Advisors raised its holdings in shares of iShares S&P 500 Value ETF by 111.4% in the first quarter. Ascentis Independent Advisors now owns 7,350 shares of the company’s stock valued at $1,552,000 after buying an additional 3,874 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA IVE opened at $230.20 on Monday. iShares S&P 500 Value ETF has a 12-month low of $193.90 and a 12-month high of $230.26. The firm’s 50-day simple moving average is $225.92 and its 200 day simple moving average is $219.50. The company has a market cap of $48.54 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82.

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.