Asset Dedication LLC Grows Stock Holdings in iShares S&P 500 Value ETF $IVE

Asset Dedication LLC grew its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 130.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,153 shares of the company’s stock after acquiring an additional 6,879 shares during the period. Asset Dedication LLC’s holdings in iShares S&P 500 Value ETF were worth $2,510,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of IVE. United Services Automobile Association bought a new position in iShares S&P 500 Value ETF in the 2nd quarter worth approximately $26,000. Palisade Asset Management LLC bought a new stake in shares of iShares S&P 500 Value ETF during the third quarter valued at approximately $29,000. Center for Financial Planning Inc. bought a new stake in shares of iShares S&P 500 Value ETF during the third quarter valued at approximately $32,000. Tripletail Wealth Management LLC purchased a new position in shares of iShares S&P 500 Value ETF in the third quarter worth $37,000. Finally, Rossmore Private Capital purchased a new position in shares of iShares S&P 500 Value ETF in the third quarter worth $44,000.

iShares S&P 500 Value ETF Trading Down 0.0%

NYSEARCA:IVE opened at $213.21 on Wednesday. The business’s 50-day moving average is $218.14 and its 200 day moving average is $211.89. iShares S&P 500 Value ETF has a 12 month low of $165.45 and a 12 month high of $223.05. The company has a market capitalization of $48.16 billion, a P/E ratio of 20.70 and a beta of 0.89.

iShares S&P 500 Value ETF 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.