iShares S&P 500 Value ETF $IVE Shares Acquired by Barnes Wealth Management Group Inc

Barnes Wealth Management Group Inc boosted its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 32.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 28,810 shares of the company’s stock after acquiring an additional 7,094 shares during the period. iShares S&P 500 Value ETF accounts for about 3.3% of Barnes Wealth Management Group Inc’s portfolio, making the stock its 4th largest holding. Barnes Wealth Management Group Inc’s holdings in iShares S&P 500 Value ETF were worth $6,110,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its stake in shares of iShares S&P 500 Value ETF by 4.6% in the 4th quarter. JPMorgan Chase & Co. now owns 18,748,246 shares of the company’s stock valued at $3,975,941,000 after purchasing an additional 821,872 shares during the last quarter. Morgan Stanley increased its position in shares of iShares S&P 500 Value ETF by 7.5% during the 4th quarter. Morgan Stanley now owns 15,278,856 shares of the company’s stock worth $3,240,188,000 after purchasing an additional 1,068,945 shares during the last quarter. Bank of America Corp DE increased its position in shares of iShares S&P 500 Value ETF by 0.9% during the 3rd quarter. Bank of America Corp DE now owns 8,396,957 shares of the company’s stock worth $1,734,056,000 after purchasing an additional 72,040 shares during the last quarter. Wells Fargo & Company MN increased its position in shares of iShares S&P 500 Value ETF by 2.0% during the 4th quarter. Wells Fargo & Company MN now owns 6,264,139 shares of the company’s stock worth $1,328,436,000 after purchasing an additional 120,153 shares during the last quarter. Finally, UBS Group AG raised its holdings in iShares S&P 500 Value ETF by 1.0% in the 3rd quarter. UBS Group AG now owns 3,604,778 shares of the company’s stock valued at $744,423,000 after buying an additional 37,372 shares during the period.

iShares S&P 500 Value ETF Price Performance

NYSEARCA IVE opened at $226.38 on Friday. The stock has a market capitalization of $49.98 billion, a P/E ratio of 20.70 and a beta of 0.82. The firm’s 50-day moving average is $223.94 and its two-hundred day moving average is $218.35. iShares S&P 500 Value ETF has a 12 month low of $189.67 and a 12 month high of $230.05.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.