BDFS Capital LLC Makes New Investment in iShares S&P 500 Value ETF $IVE

BDFS Capital LLC bought a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 4,992 shares of the company’s stock, valued at approximately $1,059,000.

Several other institutional investors also recently made changes to their positions in the stock. Cassaday & Co Wealth Management LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 3,286.8% in the 4th quarter. Cassaday & Co Wealth Management LLC now owns 1,153,776 shares of the company’s stock worth $244,681,000 after purchasing an additional 1,119,709 shares during the last quarter. Morgan Stanley grew its stake in iShares S&P 500 Value ETF by 7.5% during the 4th quarter. Morgan Stanley now owns 15,278,856 shares of the company’s stock worth $3,240,188,000 after buying an additional 1,068,945 shares during the last quarter. JPMorgan Chase & Co. increased its position in iShares S&P 500 Value ETF by 4.6% in the fourth quarter. JPMorgan Chase & Co. now owns 18,748,246 shares of the company’s stock worth $3,975,941,000 after buying an additional 821,872 shares during the period. Envestnet Portfolio Solutions Inc. increased its position in iShares S&P 500 Value ETF by 47.4% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,540,243 shares of the company’s stock worth $538,709,000 after buying an additional 816,767 shares during the period. Finally, Park Avenue Securities LLC increased its position in iShares S&P 500 Value ETF by 40.4% in the fourth quarter. Park Avenue Securities LLC now owns 2,467,550 shares of the company’s stock worth $523,293,000 after buying an additional 710,518 shares during the period.

iShares S&P 500 Value ETF Stock Performance

IVE stock opened at $226.38 on Friday. The stock has a market capitalization of $49.98 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a 1 year low of $189.67 and a 1 year high of $230.05. The stock’s fifty day moving average is $223.94 and its two-hundred day moving average is $218.35.

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. 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.