Tennessee Valley Asset Management Partners Makes New Investment in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Tennessee Valley Asset Management Partners bought a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 398 shares of the company’s stock, valued at approximately $69,000.

Several other large investors have also added to or reduced their stakes in IVE. International Assets Investment Management LLC boosted its stake in iShares S&P 500 Value ETF by 17,397.0% in the 4th quarter. International Assets Investment Management LLC now owns 1,119,109 shares of the company’s stock worth $194,602,000 after purchasing an additional 1,112,713 shares during the period. Charles Schwab Investment Management Inc. bought a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at about $93,051,000. Comerica Bank bought a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at about $62,554,000. Corient Private Wealth LLC boosted its position in shares of iShares S&P 500 Value ETF by 1,513.6% during the 3rd quarter. Corient Private Wealth LLC now owns 379,169 shares of the company’s stock valued at $58,331,000 after acquiring an additional 355,670 shares during the last quarter. Finally, GTS Securities LLC boosted its position in shares of iShares S&P 500 Value ETF by 5,962.5% during the 3rd quarter. GTS Securities LLC now owns 294,758 shares of the company’s stock valued at $45,316,000 after acquiring an additional 289,896 shares during the last quarter.

iShares S&P 500 Value ETF Trading Up 0.7 %

Shares of IVE opened at $179.71 on Tuesday. The company has a market cap of $32.25 billion, a PE ratio of 23.70 and a beta of 0.87. The stock has a 50-day moving average price of $181.02 and a 200-day moving average price of $171.17. iShares S&P 500 Value ETF has a 12-month low of $147.23 and a 12-month high of $187.24.

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.