iShares S&P 500 Value ETF $IVE is Bay Harbor Wealth Management LLC’s 5th Largest Position

Bay Harbor Wealth Management LLC lifted its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 43.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 83,200 shares of the company’s stock after purchasing an additional 25,010 shares during the period. iShares S&P 500 Value ETF comprises about 4.6% of Bay Harbor Wealth Management LLC’s portfolio, making the stock its 5th largest holding. Bay Harbor Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $17,644,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Envestnet Asset Management Inc. increased its stake in shares of iShares S&P 500 Value ETF by 5.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 22,121,389 shares of the company’s stock valued at $4,568,288,000 after purchasing an additional 1,137,886 shares in the last quarter. Bank of America Corp DE increased its stake in shares of iShares S&P 500 Value ETF by 0.9% in the 3rd quarter. Bank of America Corp DE now owns 8,396,957 shares of the company’s stock valued at $1,734,056,000 after purchasing an additional 72,040 shares in the last quarter. UBS Group AG increased its stake in shares of iShares S&P 500 Value ETF by 1.0% in the 3rd quarter. UBS Group AG now owns 3,604,778 shares of the company’s stock valued at $744,423,000 after purchasing an additional 37,372 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of iShares S&P 500 Value ETF by 19.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,031,014 shares of the company’s stock valued at $591,818,000 after purchasing an additional 484,782 shares in the last quarter. Finally, CWM LLC increased its stake in shares of iShares S&P 500 Value ETF by 37.5% in the 4th quarter. CWM LLC now owns 2,579,248 shares of the company’s stock valued at $546,981,000 after purchasing an additional 702,987 shares in the last quarter.

iShares S&P 500 Value ETF Stock Down 0.6%

Shares of iShares S&P 500 Value ETF stock opened at $222.08 on Tuesday. iShares S&P 500 Value ETF has a twelve month low of $183.05 and a twelve month high of $225.26. The business has a 50-day moving average price of $216.09 and a 200 day moving average price of $214.21. The firm has a market cap of $49.04 billion, a PE ratio of 20.70 and a beta of 0.83.

iShares S&P 500 Value ETF 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.