Ascent Group LLC Increases Stake in iShares S&P 500 Value ETF $IVE

Ascent Group LLC raised its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 37.7% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 426,679 shares of the company’s stock after purchasing an additional 116,756 shares during the period. iShares S&P 500 Value ETF accounts for approximately 3.1% of Ascent Group LLC’s portfolio, making the stock its 2nd largest position. Ascent Group LLC owned 0.19% of iShares S&P 500 Value ETF worth $90,486,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of IVE. Brighton Jones LLC boosted its stake in iShares S&P 500 Value ETF by 0.8% during the fourth quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock worth $2,679,000 after acquiring an additional 112 shares in the last quarter. Great Lakes Advisors LLC boosted its position in shares of iShares S&P 500 Value ETF by 6,385.7% during the 1st quarter. Great Lakes Advisors LLC now owns 454 shares of the company’s stock worth $83,000 after purchasing an additional 447 shares in the last quarter. Schnieders Capital Management LLC. bought a new position in shares of iShares S&P 500 Value ETF during the 2nd quarter worth about $550,000. Russell Investments Group Ltd. grew its stake in shares of iShares S&P 500 Value ETF by 28.8% in the 2nd quarter. Russell Investments Group Ltd. now owns 2,131 shares of the company’s stock valued at $416,000 after buying an additional 477 shares during the period. Finally, Edgestream Partners L.P. acquired a new stake in shares of iShares S&P 500 Value ETF in the 2nd quarter valued at about $368,000.

iShares S&P 500 Value ETF Stock Performance

IVE stock opened at $211.86 on Friday. The company has a market cap of $46.76 billion, a P/E ratio of 20.70 and a beta of 0.89. The stock’s 50 day simple moving average is $216.44 and its 200 day simple moving average is $212.44. iShares S&P 500 Value ETF has a fifty-two week low of $165.45 and a fifty-two week high of $223.05.

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.