iShares S&P 500 Value ETF (NYSEARCA:IVE) Stock Position Boosted by Nvest Financial LLC

Nvest Financial LLC increased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 40,149 shares of the company’s stock after purchasing an additional 1,215 shares during the period. iShares S&P 500 Value ETF accounts for about 3.9% of Nvest Financial LLC’s holdings, making the stock its 5th biggest holding. Nvest Financial LLC’s holdings in iShares S&P 500 Value ETF were worth $7,664,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the stock. Asset Dedication LLC lifted its position in shares of iShares S&P 500 Value ETF by 27.9% during the fourth quarter. Asset Dedication LLC now owns 5,152 shares of the company’s stock worth $983,000 after purchasing an additional 1,125 shares in the last quarter. Gateway Wealth Partners LLC increased its stake in iShares S&P 500 Value ETF by 9.2% during the 4th quarter. Gateway Wealth Partners LLC now owns 11,178 shares of the company’s stock worth $2,134,000 after buying an additional 945 shares during the period. Signature Wealth Management Partners LLC lifted its holdings in iShares S&P 500 Value ETF by 8.3% in the 4th quarter. Signature Wealth Management Partners LLC now owns 65,480 shares of the company’s stock worth $12,499,000 after buying an additional 5,025 shares in the last quarter. SteelPeak Wealth LLC boosted its position in iShares S&P 500 Value ETF by 3.6% in the 4th quarter. SteelPeak Wealth LLC now owns 79,816 shares of the company’s stock valued at $15,235,000 after buying an additional 2,809 shares during the last quarter. Finally, Mayflower Financial Advisors LLC grew its stake in shares of iShares S&P 500 Value ETF by 7.4% during the fourth quarter. Mayflower Financial Advisors LLC now owns 30,338 shares of the company’s stock valued at $5,791,000 after acquiring an additional 2,101 shares in the last quarter.

iShares S&P 500 Value ETF Stock Down 0.3 %

IVE stock opened at $197.53 on Wednesday. The stock’s 50 day moving average is $196.30 and its two-hundred day moving average is $194.80. iShares S&P 500 Value ETF has a 52-week low of $173.01 and a 52-week high of $206.63. The company has a market capitalization of $35.39 billion, a PE ratio of 23.79 and a beta of 0.81.

iShares S&P 500 Value ETF Company 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.