Coordinated Financial Services Inc. Makes New $464,000 Investment in iShares S&P 500 Value ETF $IVE

Coordinated Financial Services Inc. purchased a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,375 shares of the company’s stock, valued at approximately $464,000.

Several other large investors have also made changes to their positions in IVE. Envestnet Asset Management Inc. raised its position in shares of iShares S&P 500 Value ETF by 38.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 18,643,646 shares of the company’s stock worth $3,553,106,000 after buying an additional 5,207,877 shares during the period. JPMorgan Chase & Co. raised its position in shares of iShares S&P 500 Value ETF by 5.5% in the 1st quarter. JPMorgan Chase & Co. now owns 17,776,163 shares of the company’s stock worth $3,387,781,000 after buying an additional 922,557 shares during the period. Sofi Wealth LLC raised its position in shares of iShares S&P 500 Value ETF by 6,106.5% in the 1st quarter. Sofi Wealth LLC now owns 897,268 shares of the company’s stock worth $171,001,000 after buying an additional 882,811 shares during the period. Liberty Wealth Management LLC raised its position in shares of iShares S&P 500 Value ETF by 1,324.3% in the 1st quarter. Liberty Wealth Management LLC now owns 845,488 shares of the company’s stock worth $161,133,000 after buying an additional 786,127 shares during the period. Finally, CWM LLC raised its position in shares of iShares S&P 500 Value ETF by 24.6% in the 1st quarter. CWM LLC now owns 1,806,062 shares of the company’s stock worth $344,199,000 after buying an additional 356,756 shares during the period.

iShares S&P 500 Value ETF Trading Down 0.7%

Shares of IVE opened at $207.10 on Friday. The firm has a market capitalization of $41.85 billion, a P/E ratio of 20.70 and a beta of 0.94. The stock’s fifty day simple moving average is $203.05 and its 200 day simple moving average is $193.91. iShares S&P 500 Value ETF has a twelve month low of $165.45 and a twelve month high of $209.12.

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.