AE Wealth Management LLC Has $81.24 Million Holdings in iShares S&P 500 Value ETF $IVE

AE Wealth Management LLC grew its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 38.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 383,069 shares of the company’s stock after acquiring an additional 106,482 shares during the quarter. AE Wealth Management LLC owned 0.17% of iShares S&P 500 Value ETF worth $81,237,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. J.M. Arbour LLC bought a new stake in iShares S&P 500 Value ETF during the 4th quarter worth approximately $3,787,000. Iams Wealth Management LLC grew its stake in shares of iShares S&P 500 Value ETF by 2.7% during the 4th quarter. Iams Wealth Management LLC now owns 4,677 shares of the company’s stock worth $992,000 after acquiring an additional 122 shares in the last quarter. Argo Wealth Advisory LLC bought a new position in shares of iShares S&P 500 Value ETF during the 4th quarter worth approximately $344,000. Independent Wealth Network Inc. grew its stake in shares of iShares S&P 500 Value ETF by 8.1% during the 4th quarter. Independent Wealth Network Inc. now owns 3,137 shares of the company’s stock worth $665,000 after acquiring an additional 235 shares in the last quarter. Finally, West Wealth Group LLC grew its stake in shares of iShares S&P 500 Value ETF by 5.2% during the 4th quarter. West Wealth Group LLC now owns 214,431 shares of the company’s stock worth $45,475,000 after acquiring an additional 10,544 shares in the last quarter.

iShares S&P 500 Value ETF Stock Up 0.3%

Shares of IVE opened at $218.61 on Friday. The stock has a market capitalization of $48.20 billion, a P/E ratio of 20.70 and a beta of 0.85. iShares S&P 500 Value ETF has a twelve month low of $172.13 and a twelve month high of $223.05. The company has a 50 day moving average of $216.09 and a 200-day moving average of $213.11.

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.