FORM Wealth Advisors LLC Purchases Shares of 15,892 iShares S&P 500 Value ETF $IVE

FORM Wealth Advisors LLC purchased a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 15,892 shares of the company’s stock, valued at approximately $3,370,000. iShares S&P 500 Value ETF comprises 0.4% of FORM Wealth Advisors LLC’s holdings, making the stock its 18th largest holding.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. increased its stake in iShares S&P 500 Value ETF by 5.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 22,121,389 shares of the company’s stock valued at $4,568,288,000 after buying an additional 1,137,886 shares during the last quarter. Bank of America Corp DE increased its stake in iShares S&P 500 Value ETF by 0.9% in the 3rd quarter. Bank of America Corp DE now owns 8,396,957 shares of the company’s stock valued at $1,734,056,000 after buying an additional 72,040 shares during the last quarter. UBS Group AG increased its stake in iShares S&P 500 Value ETF by 1.0% in the 3rd quarter. UBS Group AG now owns 3,604,778 shares of the company’s stock valued at $744,423,000 after buying an additional 37,372 shares during the last quarter. Ameriprise Financial Inc. increased its stake in 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 valued at $591,818,000 after buying an additional 484,782 shares during the last quarter. Finally, CWM LLC increased its stake in iShares S&P 500 Value ETF by 37.5% in the 4th quarter. CWM LLC now owns 2,579,248 shares of the company’s stock valued at $546,981,000 after buying an additional 702,987 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE opened at $219.76 on Wednesday. The firm has a 50-day moving average of $216.02 and a 200-day moving average of $213.49. iShares S&P 500 Value ETF has a one year low of $175.50 and a one year high of $223.05. The company has a market cap of $48.47 billion, a PE ratio of 20.70 and a beta of 0.85.

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.