EP Wealth Advisors LLC Grows Stake in iShares S&P 500 Value ETF $IVE

EP Wealth Advisors LLC raised its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 795.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 373,966 shares of the company’s stock after purchasing an additional 332,218 shares during the period. EP Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $73,081,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. lifted its position in iShares S&P 500 Value ETF by 12.6% in the second quarter. Envestnet Asset Management Inc. now owns 20,983,503 shares of the company’s stock worth $4,100,596,000 after buying an additional 2,339,857 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of iShares S&P 500 Value ETF by 0.7% in the second quarter. JPMorgan Chase & Co. now owns 17,895,697 shares of the company’s stock valued at $3,497,177,000 after acquiring an additional 119,534 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 19.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,031,014 shares of the company’s stock worth $591,818,000 after acquiring an additional 484,782 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of iShares S&P 500 Value ETF by 4.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,590,004 shares of the company’s stock worth $493,603,000 after purchasing an additional 105,418 shares during the period. Finally, PNC Financial Services Group Inc. grew its holdings in iShares S&P 500 Value ETF by 4.7% during the 2nd quarter. PNC Financial Services Group Inc. now owns 2,362,479 shares of the company’s stock valued at $461,676,000 after purchasing an additional 105,403 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

iShares S&P 500 Value ETF stock opened at $213.65 on Friday. The firm has a market capitalization of $43.57 billion, a P/E ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a 1-year low of $165.45 and a 1-year high of $214.90. The company’s 50-day moving average is $208.97 and its 200 day moving average is $202.13.

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.