AE Wealth Management LLC Increases Position in iShares S&P 500 Value ETF $IVE

AE Wealth Management LLC increased its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 9.8% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 276,587 shares of the company’s stock after acquiring an additional 24,725 shares during the quarter. AE Wealth Management LLC owned approximately 0.14% of iShares S&P 500 Value ETF worth $57,118,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Dumont & Blake Investment Advisors LLC grew its holdings in shares of iShares S&P 500 Value ETF by 0.5% during the third quarter. Dumont & Blake Investment Advisors LLC now owns 10,795 shares of the company’s stock worth $2,229,000 after buying an additional 49 shares in the last quarter. Signal Advisors Wealth LLC grew its stake in shares of iShares S&P 500 Value ETF by 0.6% in the 3rd quarter. Signal Advisors Wealth LLC now owns 9,010 shares of the company’s stock valued at $1,861,000 after buying an additional 51 shares during the period. Pinnacle Wealth Management Advisory Group LLC increased its stake in iShares S&P 500 Value ETF by 2.2% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,749 shares of the company’s stock worth $537,000 after acquiring an additional 59 shares during the last quarter. CPC Advisors LLC lifted its position in iShares S&P 500 Value ETF by 4.9% in the third quarter. CPC Advisors LLC now owns 1,255 shares of the company’s stock valued at $259,000 after buying an additional 59 shares during the last quarter. Finally, Pinnacle Associates Ltd. lifted its holdings in shares of iShares S&P 500 Value ETF by 0.8% in the 2nd quarter. Pinnacle Associates Ltd. now owns 8,323 shares of the company’s stock worth $1,626,000 after acquiring an additional 62 shares during the last quarter.

iShares S&P 500 Value ETF Trading Down 0.2%

IVE stock opened at $216.35 on Thursday. The company has a market capitalization of $48.91 billion, a PE ratio of 20.70 and a beta of 0.89. The business’s fifty day moving average price is $213.43 and its 200 day moving average price is $207.24. iShares S&P 500 Value ETF has a 12-month low of $165.45 and a 12-month high of $218.44.

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. 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.