Janney Montgomery Scott LLC Purchases 405,698 Shares of iShares S&P 500 Value ETF $IVE

Janney Montgomery Scott LLC boosted its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 38.1% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 1,470,999 shares of the company’s stock after purchasing an additional 405,698 shares during the period. iShares S&P 500 Value ETF comprises 0.7% of Janney Montgomery Scott LLC’s investment portfolio, making the stock its 20th biggest position. Janney Montgomery Scott LLC owned approximately 0.65% of iShares S&P 500 Value ETF worth $311,955,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Flagship Private Wealth LLC grew its holdings in shares of iShares S&P 500 Value ETF by 1.1% in the fourth quarter. Flagship Private Wealth LLC now owns 4,250 shares of the company’s stock valued at $901,000 after acquiring an additional 48 shares in the last quarter. Patten & Patten Inc. TN grew its holdings in shares of iShares S&P 500 Value ETF by 4.8% in the fourth quarter. Patten & Patten Inc. TN now owns 1,048 shares of the company’s stock valued at $222,000 after acquiring an additional 48 shares in the last quarter. Bernardo Wealth Planning LLC grew its holdings in shares of iShares S&P 500 Value ETF by 0.5% in the fourth quarter. Bernardo Wealth Planning LLC now owns 9,495 shares of the company’s stock valued at $2,014,000 after acquiring an additional 49 shares in the last quarter. Stegner Investment Associates Inc. grew its holdings in shares of iShares S&P 500 Value ETF by 0.3% in the fourth quarter. Stegner Investment Associates Inc. now owns 16,304 shares of the company’s stock valued at $3,457,000 after acquiring an additional 49 shares in the last quarter. Finally, Mainstream Capital Management LLC grew its holdings in shares of iShares S&P 500 Value ETF by 4.7% in the fourth quarter. Mainstream Capital Management LLC now owns 1,164 shares of the company’s stock valued at $247,000 after acquiring an additional 52 shares in the last quarter.

iShares S&P 500 Value ETF Stock Down 0.8%

IVE stock opened at $224.68 on Thursday. The firm has a market cap of $49.61 billion, a PE ratio of 20.70 and a beta of 0.82. The business has a 50 day moving average of $222.05 and a 200-day moving average of $217.58. iShares S&P 500 Value ETF has a 12-month low of $189.66 and a 12-month high of $229.53.

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.