Frazier Financial Advisors LLC Boosts Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Frazier Financial Advisors LLC boosted its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 264.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 405 shares of the company’s stock after acquiring an additional 294 shares during the period. Frazier Financial Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $77,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Stifel Financial Corp lifted its holdings in shares of iShares S&P 500 Value ETF by 2.5% during the 3rd quarter. Stifel Financial Corp now owns 2,488,560 shares of the company’s stock worth $490,670,000 after acquiring an additional 60,868 shares during the period. PNC Financial Services Group Inc. increased its position in iShares S&P 500 Value ETF by 8.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,142,670 shares of the company’s stock worth $408,993,000 after purchasing an additional 167,028 shares during the last quarter. Raymond James Financial Inc. purchased a new position in iShares S&P 500 Value ETF during the fourth quarter worth approximately $311,273,000. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of iShares S&P 500 Value ETF by 3.4% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 1,527,973 shares of the company’s stock valued at $291,659,000 after purchasing an additional 49,640 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its stake in shares of iShares S&P 500 Value ETF by 8.0% during the 4th quarter. Commonwealth Equity Services LLC now owns 999,059 shares of the company’s stock valued at $190,700,000 after buying an additional 73,706 shares during the period.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA:IVE opened at $191.65 on Friday. The business has a 50-day moving average of $194.26 and a two-hundred day moving average of $195.98. The firm has a market capitalization of $37.31 billion, a PE ratio of 21.80 and a beta of 0.94. iShares S&P 500 Value ETF has a 12 month low of $176.09 and a 12 month 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.