Ameriprise Financial Inc. Grows Stake in iShares S&P 500 Value ETF $IVE

Ameriprise Financial Inc. raised its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.7% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,546,232 shares of the company’s stock after acquiring an additional 90,856 shares during the quarter. Ameriprise Financial Inc. owned approximately 1.28% of iShares S&P 500 Value ETF worth $485,361,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Guidance Point Advisors LLC lifted its holdings in iShares S&P 500 Value ETF by 0.8% in the first quarter. Guidance Point Advisors LLC now owns 61,793 shares of the company’s stock valued at $11,777,000 after acquiring an additional 515 shares during the period. CW Advisors LLC bought a new position in iShares S&P 500 Value ETF in the first quarter valued at about $1,057,000. Flow Traders U.S. LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the first quarter worth about $7,724,000. Partners Capital Investment Group LLP grew its position in shares of iShares S&P 500 Value ETF by 100.8% during the first quarter. Partners Capital Investment Group LLP now owns 27,446 shares of the company’s stock worth $5,231,000 after purchasing an additional 13,777 shares in the last quarter. Finally, GM Advisory Group LLC grew its position in shares of iShares S&P 500 Value ETF by 34.1% during the first quarter. GM Advisory Group LLC now owns 2,030 shares of the company’s stock worth $387,000 after purchasing an additional 516 shares in the last quarter.

iShares S&P 500 Value ETF Trading Down 0.3%

NYSEARCA:IVE opened at $201.06 on Friday. iShares S&P 500 Value ETF has a 12-month low of $165.45 and a 12-month high of $206.63. The stock has a 50-day moving average price of $197.03 and a 200 day moving average price of $191.30. The stock has a market capitalization of $40.36 billion, a P/E ratio of 20.70 and a beta of 0.94.

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.