Advisors Capital Management LLC Has $759,000 Stock Holdings in iShares S&P 500 Value ETF $IVE

Advisors Capital Management LLC reduced its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 10.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,883 shares of the company’s stock after selling 472 shares during the quarter. Advisors Capital Management LLC’s holdings in iShares S&P 500 Value ETF were worth $759,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its position in shares of iShares S&P 500 Value ETF by 12.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 20,983,503 shares of the company’s stock worth $4,100,596,000 after purchasing an additional 2,339,857 shares during the period. JPMorgan Chase & Co. raised its stake in iShares S&P 500 Value ETF by 5.5% during the first 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 last quarter. Liberty Wealth Management LLC lifted its holdings in iShares S&P 500 Value ETF by 1,324.3% in the first quarter. Liberty Wealth Management LLC now owns 845,488 shares of the company’s stock valued at $161,133,000 after buying an additional 786,127 shares during the period. Cetera Investment Advisers boosted its position in iShares S&P 500 Value ETF by 20.2% during the first quarter. Cetera Investment Advisers now owns 1,960,044 shares of the company’s stock valued at $373,545,000 after acquiring an additional 328,727 shares during the last quarter. Finally, NewEdge Advisors LLC grew its holdings in iShares S&P 500 Value ETF by 51.9% during the 1st quarter. NewEdge Advisors LLC now owns 733,872 shares of the company’s stock worth $139,861,000 after acquiring an additional 250,790 shares during the period.

iShares S&P 500 Value ETF Trading Down 0.2%

IVE stock opened at $209.61 on Friday. The firm has a market cap of $42.75 billion, a PE ratio of 20.70 and a beta of 0.89. The stock has a 50-day moving average price of $206.79 and a 200-day moving average price of $199.04. iShares S&P 500 Value ETF has a 1-year low of $165.45 and a 1-year high of $212.54.

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.