NewEdge Advisors LLC Decreases Holdings in iShares S&P 500 Value ETF $IVE

NewEdge Advisors LLC lessened its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.9% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 808,622 shares of the company’s stock after selling 50,294 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $183,606,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Morgan Stanley boosted its position in 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 valued at $3,240,188,000 after buying an additional 1,068,945 shares during the period. JPMorgan Chase & Co. lifted 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 worth $3,975,941,000 after acquiring an additional 821,872 shares during the period. Envestnet Portfolio Solutions Inc. lifted its stake in iShares S&P 500 Value ETF by 47.4% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,540,243 shares of the company’s stock worth $538,709,000 after acquiring an additional 816,767 shares during the period. Focus Partners Wealth boosted its holdings in iShares S&P 500 Value ETF by 134.3% in the fourth quarter. Focus Partners Wealth now owns 1,225,078 shares of the company’s stock valued at $259,801,000 after acquiring an additional 702,252 shares in the last quarter. Finally, MML Investors Services LLC boosted its holdings in iShares S&P 500 Value ETF by 48.8% in the fourth quarter. MML Investors Services LLC now owns 2,103,532 shares of the company’s stock valued at $446,096,000 after acquiring an additional 689,967 shares in the last quarter.

iShares S&P 500 Value ETF Trading Down 0.6%

Shares of NYSEARCA IVE opened at $235.42 on Wednesday. iShares S&P 500 Value ETF has a 12 month low of $201.22 and a 12 month high of $239.93. The firm has a market capitalization of $49.76 billion, a PE ratio of 20.70 and a beta of 0.82. The firm has a fifty day simple moving average of $233.94 and a two-hundred day simple moving average of $225.38.

iShares S&P 500 Value ETF 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.