iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Acquired by ProVise Management Group LLC

ProVise Management Group LLC boosted its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 28.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,743 shares of the company’s stock after buying an additional 2,139 shares during the quarter. ProVise Management Group LLC’s holdings in iShares S&P 500 Value ETF were worth $1,694,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wells Fargo & Company MN increased its holdings in iShares S&P 500 Value ETF by 0.3% during the 4th quarter. Wells Fargo & Company MN now owns 7,565,945 shares of the company’s stock worth $1,315,642,000 after purchasing an additional 25,641 shares during the last quarter. UBS Group AG increased its stake in shares of iShares S&P 500 Value ETF by 0.4% in the fourth quarter. UBS Group AG now owns 3,558,382 shares of the company’s stock worth $618,767,000 after buying an additional 14,425 shares during the last quarter. Stifel Financial Corp raised its holdings in iShares S&P 500 Value ETF by 1.3% in the third quarter. Stifel Financial Corp now owns 2,170,089 shares of the company’s stock valued at $333,847,000 after acquiring an additional 28,499 shares in the last quarter. LPL Financial LLC boosted its stake in iShares S&P 500 Value ETF by 1.3% during the 3rd quarter. LPL Financial LLC now owns 1,940,992 shares of the company’s stock valued at $298,602,000 after acquiring an additional 23,973 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in iShares S&P 500 Value ETF by 4.5% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,490,065 shares of the company’s stock worth $229,232,000 after acquiring an additional 63,793 shares in the last quarter.

iShares S&P 500 Value ETF Stock Up 0.4 %

Shares of IVE traded up $0.68 during midday trading on Friday, hitting $183.42. The company had a trading volume of 400,646 shares, compared to its average volume of 865,272. The stock has a market cap of $32.86 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The company’s 50 day moving average price is $182.50 and its 200 day moving average price is $175.89. iShares S&P 500 Value ETF has a 52 week low of $147.23 and a 52 week high of $187.24.

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.