iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Purchased by Empower Advisory Group LLC

Empower Advisory Group LLC boosted its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 8.6% during the third quarter, Holdings Channel.com reports. The institutional investor owned 3,463 shares of the company’s stock after buying an additional 273 shares during the period. Empower Advisory Group LLC’s holdings in iShares S&P 500 Value ETF were worth $683,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IVE. JPMorgan Chase & Co. increased its stake in shares of iShares S&P 500 Value ETF by 5.1% during the first quarter. JPMorgan Chase & Co. now owns 17,776,089 shares of the company’s stock worth $3,320,751,000 after buying an additional 861,704 shares during the period. Envestnet Asset Management Inc. grew its holdings in iShares S&P 500 Value ETF by 3.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,380,397 shares of the company’s stock worth $2,253,356,000 after acquiring an additional 420,007 shares in the last quarter. LPL Financial LLC increased its position in shares of iShares S&P 500 Value ETF by 4.9% in the 2nd quarter. LPL Financial LLC now owns 4,258,617 shares of the company’s stock valued at $775,111,000 after purchasing an additional 200,427 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in shares of iShares S&P 500 Value ETF by 3.4% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 1,424,716 shares of the company’s stock valued at $259,313,000 after purchasing an additional 47,074 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in shares of iShares S&P 500 Value ETF by 905.6% during the 1st quarter. Cetera Investment Advisers now owns 1,410,516 shares of the company’s stock worth $263,498,000 after purchasing an additional 1,270,256 shares during the last quarter.

iShares S&P 500 Value ETF Trading Down 0.6 %

Shares of IVE stock opened at $200.20 on Friday. iShares S&P 500 Value ETF has a 12 month low of $161.43 and a 12 month high of $203.67. The company has a market cap of $35.87 billion, a P/E ratio of 23.79 and a beta of 0.81. The firm has a fifty day moving average price of $196.89 and a 200 day moving average price of $189.46.

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.