iShares S&P 500 Value ETF $IVE Shares Acquired by Rehmann Capital Advisory Group

Rehmann Capital Advisory Group boosted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 684,489 shares of the company’s stock after purchasing an additional 28,170 shares during the period. iShares S&P 500 Value ETF comprises about 7.6% of Rehmann Capital Advisory Group’s holdings, making the stock its largest holding. Rehmann Capital Advisory Group owned about 0.30% of iShares S&P 500 Value ETF worth $145,674,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Cassaday & Co Wealth Management LLC increased its holdings in shares of iShares S&P 500 Value ETF by 3,286.8% during the fourth quarter. Cassaday & Co Wealth Management LLC now owns 1,153,776 shares of the company’s stock worth $244,681,000 after buying an additional 1,119,709 shares in the last quarter. Morgan Stanley lifted its stake in shares of iShares S&P 500 Value ETF by 7.5% in the 4th quarter. Morgan Stanley now owns 15,278,856 shares of the company’s stock valued at $3,240,188,000 after acquiring an additional 1,068,945 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of iShares S&P 500 Value ETF by 4.6% during the 4th quarter. JPMorgan Chase & Co. now owns 18,748,246 shares of the company’s stock valued at $3,975,941,000 after acquiring an additional 821,872 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of iShares S&P 500 Value ETF by 47.4% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 2,540,243 shares of the company’s stock valued at $538,709,000 after acquiring an additional 816,767 shares in the last quarter. Finally, Park Avenue Securities LLC grew its position in iShares S&P 500 Value ETF by 40.4% during the 4th quarter. Park Avenue Securities LLC now owns 2,467,550 shares of the company’s stock worth $523,293,000 after acquiring an additional 710,518 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE stock opened at $226.38 on Friday. iShares S&P 500 Value ETF has a twelve month low of $189.67 and a twelve month high of $230.05. The stock’s fifty day simple moving average is $224.14 and its 200 day simple moving average is $218.40. The firm has a market capitalization of $49.98 billion, a P/E ratio of 20.70 and a beta of 0.82.

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.