Rehmann Capital Advisory Group Raises Stake in iShares S&P 500 Value ETF $IVE

Rehmann Capital Advisory Group lifted its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 740,561 shares of the company’s stock after acquiring an additional 23,850 shares during the quarter. iShares S&P 500 Value ETF makes up approximately 7.0% of Rehmann Capital Advisory Group’s portfolio, making the stock its 3rd largest position. Rehmann Capital Advisory Group’s holdings in iShares S&P 500 Value ETF were worth $168,177,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Cassaday & Co Wealth Management LLC boosted its stake 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 buying an additional 1,119,709 shares during the last quarter. Morgan Stanley boosted its position in iShares S&P 500 Value ETF by 7.5% in the fourth quarter. Morgan Stanley now owns 15,278,856 shares of the company’s stock worth $3,240,188,000 after purchasing an additional 1,068,945 shares during the last quarter. JPMorgan Chase & Co. boosted 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 purchasing an additional 821,872 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in iShares S&P 500 Value ETF by 47.4% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 2,540,243 shares of the company’s stock valued at $538,709,000 after purchasing an additional 816,767 shares during the period. Finally, Focus Partners Wealth increased its position in shares of iShares S&P 500 Value ETF by 134.3% during the 4th quarter. Focus Partners Wealth now owns 1,225,078 shares of the company’s stock valued at $259,801,000 after purchasing an additional 702,252 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

NYSEARCA IVE opened at $236.53 on Tuesday. The stock has a market capitalization of $49.99 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a one year low of $201.22 and a one year high of $239.93. The business’s fifty day moving average is $232.73 and its 200-day moving average is $224.69.

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. 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.