Envestnet Asset Management Inc. Acquires 99,154 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Envestnet Asset Management Inc. increased its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.1% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 4,865,955 shares of the company’s stock after purchasing an additional 99,154 shares during the period. Envestnet Asset Management Inc.’s holdings in iShares S&P 500 Value ETF were worth $567,224,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of IVE. Rice Partnership LLC bought a new stake in shares of iShares S&P 500 Value ETF in the second quarter worth $34,000. Mcmillion Capital Management Inc. bought a new stake in shares of iShares S&P 500 Value ETF in the second quarter worth $37,000. Eukles Asset Management bought a new stake in shares of iShares S&P 500 Value ETF in the second quarter worth $37,000. Kavar Capital Partners LLC bought a new stake in shares of iShares S&P 500 Value ETF in the second quarter worth $38,000. Finally, Farmers National Bank bought a new stake in iShares S&P 500 Value ETF during the first quarter valued at $45,000.

IVE traded down $0.28 during trading on Thursday, reaching $111.72. 29,773 shares of the stock traded hands, compared to its average volume of 845,782. The company has a 50-day simple moving average of $117.35. iShares S&P 500 Value ETF has a 12 month low of $94.72 and a 12 month high of $120.00.

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.

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Want to see what other hedge funds are holding IVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Value ETF (NYSEARCA:IVE).

Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

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