NewEdge Advisors LLC Has $183.61 Million Stock Position in iShares S&P 500 Value ETF $IVE

NewEdge Advisors LLC decreased its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 808,622 shares of the company’s stock after selling 50,294 shares during the quarter. NewEdge Advisors LLC owned about 0.38% of iShares S&P 500 Value ETF worth $183,606,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently bought and sold shares of IVE. Simplex Trading LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter worth about $25,000. RMG Wealth Management LLC bought a new position in iShares S&P 500 Value ETF in the 1st quarter valued at $27,000. Hilton Head Capital Partners LLC purchased a new stake in iShares S&P 500 Value ETF during the fourth quarter worth about $25,000. United Services Automobile Association bought a new stake in shares of iShares S&P 500 Value ETF in the 2nd quarter worth approximately $26,000. Finally, Palisade Asset Management LLC purchased a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at $29,000.

iShares S&P 500 Value ETF Trading Down 0.6%

Shares of IVE stock opened at $235.42 on Wednesday. The firm’s 50 day moving average is $233.94 and its 200 day moving average is $225.38. The stock has a market capitalization of $49.76 billion, a P/E ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a 12 month low of $201.22 and a 12 month high of $239.93.

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. 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.