Prosperity Planning Inc. Has $11.42 Million Stock Position in iShares S&P 500 Value ETF $IVE

Prosperity Planning Inc. decreased its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.6% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 55,293 shares of the company’s stock after selling 3,292 shares during the quarter. iShares S&P 500 Value ETF accounts for approximately 3.1% of Prosperity Planning Inc.’s holdings, making the stock its 9th biggest position. Prosperity Planning Inc.’s holdings in iShares S&P 500 Value ETF were worth $11,419,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in IVE. Envestnet Asset Management Inc. raised its holdings in shares of iShares S&P 500 Value ETF by 12.6% during the second quarter. Envestnet Asset Management Inc. now owns 20,983,503 shares of the company’s stock valued at $4,100,596,000 after purchasing an additional 2,339,857 shares during the last quarter. JPMorgan Chase & Co. raised its stake in iShares S&P 500 Value ETF by 0.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 17,895,697 shares of the company’s stock valued at $3,497,177,000 after buying an additional 119,534 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 19.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,031,014 shares of the company’s stock valued at $591,818,000 after buying an additional 484,782 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of iShares S&P 500 Value ETF by 4.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,590,004 shares of the company’s stock worth $493,603,000 after buying an additional 105,418 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in shares of iShares S&P 500 Value ETF by 4.7% in the 2nd quarter. PNC Financial Services Group Inc. now owns 2,362,479 shares of the company’s stock worth $461,676,000 after buying an additional 105,403 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

iShares S&P 500 Value ETF stock opened at $211.23 on Friday. The stock has a market cap of $43.08 billion, a PE ratio of 20.70 and a beta of 0.89. The stock has a fifty day moving average of $209.27 and a 200 day moving average of $202.77. iShares S&P 500 Value ETF has a one year low of $165.45 and a one year high of $214.90.

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.