Total Clarity Wealth Management Inc. Purchases Shares of 2,998 iShares S&P 500 Value ETF $IVE

Total Clarity Wealth Management Inc. acquired a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 2,998 shares of the company’s stock, valued at approximately $681,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. JPMorgan Chase & Co. boosted its holdings in shares of iShares S&P 500 Value ETF by 4.6% during the 4th 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. Morgan Stanley grew its stake in iShares S&P 500 Value ETF by 7.5% in the 4th quarter. Morgan Stanley now owns 15,278,856 shares of the company’s stock valued at $3,240,188,000 after buying an additional 1,068,945 shares during the last quarter. Bank of America Corp DE raised its holdings in iShares S&P 500 Value ETF by 2.0% in the 1st quarter. Bank of America Corp DE now owns 9,457,775 shares of the company’s stock valued at $1,997,009,000 after acquiring an additional 182,358 shares during the period. Wells Fargo & Company MN raised its holdings in iShares S&P 500 Value ETF by 2.0% in the 4th quarter. Wells Fargo & Company MN now owns 6,264,139 shares of the company’s stock valued at $1,328,436,000 after acquiring an additional 120,153 shares during the period. Finally, Cetera Investment Advisers lifted its position in iShares S&P 500 Value ETF by 22.5% during the fourth quarter. Cetera Investment Advisers now owns 3,409,979 shares of the company’s stock worth $723,154,000 after acquiring an additional 627,109 shares during the last quarter.

iShares S&P 500 Value ETF Stock Up 0.0%

Shares of IVE stock opened at $238.09 on Friday. iShares S&P 500 Value ETF has a 12-month low of $200.52 and a 12-month high of $238.37. The company has a market capitalization of $50.32 billion, a PE ratio of 20.70 and a beta of 0.82. The firm has a 50 day moving average price of $230.47 and a two-hundred day moving average price of $223.25.

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.