iShares S&P 500 Value ETF $IVE Shares Bought by DAVENPORT & Co LLC

DAVENPORT & Co LLC raised its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 32.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,837 shares of the company’s stock after acquiring an additional 2,419 shares during the quarter. DAVENPORT & Co LLC’s holdings in iShares S&P 500 Value ETF were worth $2,086,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. United Services Automobile Association purchased a new position in iShares S&P 500 Value ETF in the 2nd quarter worth about $26,000. Palisade Asset Management LLC purchased a new stake in iShares S&P 500 Value ETF during the third quarter valued at about $29,000. Ransom Advisory Ltd acquired a new position in shares of iShares S&P 500 Value ETF in the fourth quarter worth about $31,000. Center for Financial Planning Inc. acquired a new position in shares of iShares S&P 500 Value ETF in the third quarter worth about $32,000. Finally, Tripletail Wealth Management LLC purchased a new position in shares of iShares S&P 500 Value ETF in the third quarter worth approximately $37,000.

iShares S&P 500 Value ETF Stock Down 1.2%

IVE opened at $207.57 on Friday. The firm has a market capitalization of $46.89 billion, a P/E ratio of 20.70 and a beta of 0.89. The stock has a fifty day moving average of $216.98 and a 200-day moving average of $212.19. iShares S&P 500 Value ETF has a 12-month low of $165.45 and a 12-month high of $223.05.

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.