Envestnet Portfolio Solutions Inc. Grows Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Envestnet Portfolio Solutions Inc. raised its position in iShares S&P 500 Value ETF (NYSEARCA:IVEFree Report) by 3.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,527,973 shares of the company’s stock after purchasing an additional 49,640 shares during the period. iShares S&P 500 Value ETF makes up 1.0% of Envestnet Portfolio Solutions Inc.’s portfolio, making the stock its 24th biggest position. Envestnet Portfolio Solutions Inc.’s holdings in iShares S&P 500 Value ETF were worth $291,659,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IVE. Chesapeake Wealth Management grew its stake in shares of iShares S&P 500 Value ETF by 3.8% during the third quarter. Chesapeake Wealth Management now owns 1,382 shares of the company’s stock valued at $272,000 after buying an additional 50 shares during the last quarter. West Coast Financial LLC grew its position in iShares S&P 500 Value ETF by 0.3% in the 4th quarter. West Coast Financial LLC now owns 16,432 shares of the company’s stock valued at $3,137,000 after acquiring an additional 53 shares during the last quarter. SWP Financial LLC grew its position in iShares S&P 500 Value ETF by 0.4% in the 4th quarter. SWP Financial LLC now owns 12,799 shares of the company’s stock valued at $2,443,000 after acquiring an additional 54 shares during the last quarter. Roble Belko & Company Inc increased its stake in iShares S&P 500 Value ETF by 0.5% in the fourth quarter. Roble Belko & Company Inc now owns 11,238 shares of the company’s stock worth $2,145,000 after purchasing an additional 57 shares during the period. Finally, Family Firm Inc. lifted its position in shares of iShares S&P 500 Value ETF by 0.5% during the fourth quarter. Family Firm Inc. now owns 10,464 shares of the company’s stock worth $1,998,000 after purchasing an additional 57 shares during the last quarter.

iShares S&P 500 Value ETF Trading Up 1.6 %

NYSEARCA IVE opened at $188.81 on Friday. The stock has a market cap of $36.68 billion, a PE ratio of 22.06 and a beta of 0.94. iShares S&P 500 Value ETF has a 12 month low of $176.09 and a 12 month high of $206.63. The company’s 50-day moving average price is $194.27 and its 200-day moving average price is $196.20.

iShares S&P 500 Value ETF Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding IVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Value ETF (NYSEARCA:IVEFree Report).

Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

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