Advisory Services Network LLC Has $15.18 Million Stock Position in iShares S&P 500 Value ETF $IVE

Advisory Services Network LLC raised its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 17.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 77,037 shares of the company’s stock after purchasing an additional 11,493 shares during the quarter. Advisory Services Network LLC’s holdings in iShares S&P 500 Value ETF were worth $15,175,000 at the end of the most recent quarter.

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

iShares S&P 500 Value ETF Stock Down 0.4%

iShares S&P 500 Value ETF stock opened at $213.65 on Friday. iShares S&P 500 Value ETF has a 12 month low of $165.45 and a 12 month high of $214.90. The stock has a market cap of $43.57 billion, a P/E ratio of 20.70 and a beta of 0.89. The company’s fifty day simple moving average is $208.97 and its 200-day simple moving average is $202.22.

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.