Aureum Wealth Management LLC Purchases New Position in iShares S&P 500 Value ETF $IVE

Aureum Wealth Management LLC bought a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,305 shares of the company’s stock, valued at approximately $489,000.

A number of other large investors have also recently made changes to their positions in the stock. Envestnet Asset Management Inc. grew its holdings in 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 valued at $4,568,288,000 after buying an additional 1,137,886 shares in the last quarter. Bank of America Corp DE increased its position in shares of iShares S&P 500 Value ETF by 0.9% during the third quarter. Bank of America Corp DE now owns 8,396,957 shares of the company’s stock valued at $1,734,056,000 after buying an additional 72,040 shares during the period. UBS Group AG lifted its holdings in shares of iShares S&P 500 Value ETF by 1.0% in the third quarter. UBS Group AG now owns 3,604,778 shares of the company’s stock worth $744,423,000 after buying an additional 37,372 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings 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 worth $591,818,000 after buying an additional 484,782 shares in the last quarter. Finally, CWM LLC boosted its position in shares of iShares S&P 500 Value ETF by 37.5% in the fourth quarter. CWM LLC now owns 2,579,248 shares of the company’s stock valued at $546,981,000 after acquiring an additional 702,987 shares during the period.

iShares S&P 500 Value ETF Stock Performance

iShares S&P 500 Value ETF stock opened at $220.16 on Thursday. iShares S&P 500 Value ETF has a fifty-two week low of $178.91 and a fifty-two week high of $223.05. The stock has a market cap of $48.57 billion, a P/E ratio of 20.70 and a beta of 0.85. The firm’s fifty day moving average price is $215.99 and its 200-day moving average price is $213.54.

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. 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.