Freedom Investment Management Inc. Invests $469,000 in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Freedom Investment Management Inc. bought a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the third quarter, Holdings Channel reports. The firm bought 2,379 shares of the company’s stock, valued at approximately $469,000.

Other large investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. grew its holdings in shares of iShares S&P 500 Value ETF by 3.5% during the second quarter. Envestnet Asset Management Inc. now owns 12,380,397 shares of the company’s stock valued at $2,253,356,000 after buying an additional 420,007 shares during the last quarter. LPL Financial LLC grew its stake in iShares S&P 500 Value ETF by 4.9% during the 2nd quarter. LPL Financial LLC now owns 4,258,617 shares of the company’s stock valued at $775,111,000 after purchasing an additional 200,427 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of iShares S&P 500 Value ETF by 7.6% in the third quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock valued at $389,537,000 after purchasing an additional 139,651 shares during the period. Envestnet Portfolio Solutions Inc. raised its stake in shares of iShares S&P 500 Value ETF by 3.4% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 1,424,716 shares of the company’s stock worth $259,313,000 after purchasing an additional 47,074 shares during the last quarter. Finally, International Assets Investment Management LLC increased its holdings in iShares S&P 500 Value ETF by 18,046.1% in the 3rd quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock worth $262,938,000 after buying an additional 1,326,211 shares during the period.

iShares S&P 500 Value ETF Trading Up 0.3 %

IVE opened at $206.17 on Friday. The firm has a 50 day moving average of $198.97 and a two-hundred day moving average of $191.19. The firm has a market capitalization of $36.94 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 12-month low of $164.34 and a 12-month high of $206.63.

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.