Janney Montgomery Scott LLC Purchases 15,407 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Janney Montgomery Scott LLC boosted its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 668,923 shares of the company’s stock after purchasing an additional 15,407 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares S&P 500 Value ETF were worth $127,684,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. International Assets Investment Management LLC grew its stake in shares of iShares S&P 500 Value ETF by 18,046.1% in the third quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock worth $262,938,000 after purchasing an additional 1,326,211 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in shares of iShares S&P 500 Value ETF in the 2nd quarter valued at about $82,555,000. USA Financial Formulas bought a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter valued at about $77,191,000. The Manufacturers Life Insurance Company increased its stake 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 period. Finally, PNC Financial Services Group Inc. raised its position in shares of iShares S&P 500 Value ETF by 7.6% during the third quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock worth $389,537,000 after acquiring an additional 139,651 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

iShares S&P 500 Value ETF stock opened at $195.41 on Thursday. The firm has a market cap of $35.01 billion, a P/E ratio of 23.79 and a beta of 0.81. The stock’s 50 day moving average is $196.65 and its 200 day moving average is $194.33. iShares S&P 500 Value ETF has a one year low of $172.85 and a one year high of $206.63.

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.