Alliancebernstein L.P. Has $7.83 Million Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Alliancebernstein L.P. grew its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 41,003 shares of the company’s stock after buying an additional 1,233 shares during the period. Alliancebernstein L.P.’s holdings in iShares S&P 500 Value ETF were worth $7,827,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. PNC Financial Services Group Inc. raised its stake in iShares S&P 500 Value ETF by 8.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,142,670 shares of the company’s stock worth $408,993,000 after buying an additional 167,028 shares during the period. Raymond James Financial Inc. bought a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter valued at approximately $311,273,000. Envestnet Portfolio Solutions Inc. raised its position in shares of iShares S&P 500 Value ETF by 3.4% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 1,527,973 shares of the company’s stock worth $291,659,000 after purchasing an additional 49,640 shares during the period. Commonwealth Equity Services LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 8.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 999,059 shares of the company’s stock worth $190,700,000 after purchasing an additional 73,706 shares in the last quarter. Finally, Park Avenue Securities LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 5.8% in the 4th quarter. Park Avenue Securities LLC now owns 947,689 shares of the company’s stock worth $180,895,000 after purchasing an additional 51,773 shares in the last quarter.

iShares S&P 500 Value ETF Trading Up 1.7 %

Shares of IVE stock opened at $178.31 on Friday. The firm has a fifty day simple moving average of $190.08 and a two-hundred day simple moving average of $194.63. iShares S&P 500 Value ETF has a 12 month low of $165.45 and a 12 month high of $206.63. The firm has a market capitalization of $34.72 billion, a PE ratio of 21.80 and a beta of 0.94.

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.