Bellwether Advisors LLC Grows Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Bellwether Advisors LLC increased its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 10.1% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,378 shares of the company’s stock after buying an additional 126 shares during the period. Bellwether Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $272,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its holdings in shares of iShares S&P 500 Value ETF by 3.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 12,380,397 shares of the company’s stock valued at $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 second quarter. LPL Financial LLC now owns 4,258,617 shares of the company’s stock worth $775,111,000 after purchasing an additional 200,427 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in 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 purchasing an additional 139,651 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in iShares S&P 500 Value ETF by 3.4% during the second 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 during the last quarter. Finally, Cetera Investment Advisers grew its stake in iShares S&P 500 Value ETF by 905.6% in the 1st quarter. Cetera Investment Advisers now owns 1,410,516 shares of the company’s stock worth $263,498,000 after buying an additional 1,270,256 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA:IVE opened at $199.53 on Wednesday. The company’s fifty day moving average price is $197.48 and its 200-day moving average price is $190.11. The firm has a market capitalization of $35.75 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 $162.43 and a one year high of $203.67.

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.