MW Advisory LLC Buys New Holdings in iShares S&P 500 Value ETF $IVE

MW Advisory LLC purchased a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the second quarter, Holdings Channel reports. The fund purchased 2,200 shares of the company’s stock, valued at approximately $500,000.

Other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake 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 valued at $3,975,941,000 after buying an additional 821,872 shares in the last quarter. Morgan Stanley boosted its position in shares of 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 acquiring an additional 1,068,945 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of 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 last quarter. Wells Fargo & Company MN increased its holdings in shares of 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 last quarter. Finally, Cetera Investment Advisers raised its position in shares of iShares S&P 500 Value ETF by 22.5% during the 4th 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 in the last quarter.

iShares S&P 500 Value ETF Stock Down 0.7%

IVE stock opened at $236.80 on Friday. The business has a 50 day moving average price of $233.58 and a 200 day moving average price of $225.12. The stock has a market cap of $50.05 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a fifty-two week low of $201.22 and a fifty-two week high of $239.93.

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.