American Wealth Advisors LLC Buys New Shares in iShares S&P 500 Value ETF $IVE

American Wealth Advisors LLC bought a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 56,018 shares of the company’s stock, valued at approximately $11,568,000. iShares S&P 500 Value ETF makes up approximately 11.4% of American Wealth Advisors LLC’s portfolio, making the stock its 3rd largest position.

Several other large investors have also recently bought and sold shares of the stock. Envestnet Asset Management Inc. increased its position in shares of iShares S&P 500 Value ETF by 5.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 22,121,389 shares of the company’s stock worth $4,568,288,000 after purchasing an additional 1,137,886 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of iShares S&P 500 Value ETF by 0.7% in the second quarter. JPMorgan Chase & Co. now owns 17,895,697 shares of the company’s stock valued at $3,497,177,000 after buying an additional 119,534 shares in the last quarter. Ameriprise Financial Inc. grew its stake in shares of iShares S&P 500 Value ETF by 19.0% in the second quarter. Ameriprise Financial Inc. now owns 3,031,014 shares of the company’s stock valued at $591,818,000 after buying an additional 484,782 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in iShares S&P 500 Value ETF by 4.7% during the second 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 during the last quarter. Finally, Cetera Investment Advisers increased its holdings in iShares S&P 500 Value ETF by 7.8% during the second quarter. Cetera Investment Advisers now owns 2,112,895 shares of the company’s stock worth $412,902,000 after buying an additional 152,851 shares during the last quarter.

iShares S&P 500 Value ETF Trading Up 0.4%

NYSEARCA IVE opened at $220.76 on Thursday. The firm has a market capitalization of $49.87 billion, a P/E ratio of 20.70 and a beta of 0.89. The firm’s fifty day moving average price is $217.99 and its two-hundred day moving average price is $211.08. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year high of $223.05.

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. 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.