Assetmark Inc. Increases Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Assetmark Inc. grew its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 16.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 857 shares of the company’s stock after acquiring an additional 124 shares during the quarter. Assetmark Inc.’s holdings in iShares S&P 500 Value ETF were worth $169,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in IVE. International Assets Investment Management LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 18,046.1% during the 3rd quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock valued at $262,938,000 after acquiring an additional 1,326,211 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of iShares S&P 500 Value ETF by 905.6% in the 1st quarter. Cetera Investment Advisers now owns 1,410,516 shares of the company’s stock worth $263,498,000 after purchasing an additional 1,270,256 shares during the period. Sanctuary Advisors LLC bought a new position in shares of iShares S&P 500 Value ETF in the 2nd quarter worth approximately $82,555,000. Envestnet Asset Management Inc. lifted its stake in shares of iShares S&P 500 Value ETF by 3.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 12,380,397 shares of the company’s stock worth $2,253,356,000 after purchasing an additional 420,007 shares during the period. Finally, Liberty Wealth Management LLC lifted its stake in shares of iShares S&P 500 Value ETF by 618.4% in the 2nd quarter. Liberty Wealth Management LLC now owns 411,954 shares of the company’s stock worth $74,980,000 after purchasing an additional 354,613 shares during the period.

iShares S&P 500 Value ETF Stock Down 0.3 %

Shares of NYSEARCA:IVE opened at $199.51 on Monday. The firm’s 50 day moving average price is $197.20 and its 200-day moving average price is $189.74. iShares S&P 500 Value ETF has a twelve month low of $161.43 and a twelve month high of $203.67. The stock has a market capitalization of $35.74 billion, a PE ratio of 23.79 and a beta of 0.81.

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.