Rodgers & Associates LTD Purchases 898 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Rodgers & Associates LTD raised its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 45,447 shares of the company’s stock after acquiring an additional 898 shares during the quarter. iShares S&P 500 Value ETF comprises 1.1% of Rodgers & Associates LTD’s investment portfolio, making the stock its 27th biggest holding. Rodgers & Associates LTD’s holdings in iShares S&P 500 Value ETF were worth $8,961,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. boosted its position in iShares S&P 500 Value ETF by 5.1% during the first quarter. JPMorgan Chase & Co. now owns 17,776,089 shares of the company’s stock valued at $3,320,751,000 after acquiring an additional 861,704 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of iShares S&P 500 Value ETF by 3.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,380,397 shares of the company’s stock worth $2,253,356,000 after purchasing an additional 420,007 shares in the last quarter. LPL Financial LLC boosted its position in shares of iShares S&P 500 Value ETF by 4.9% during the 2nd quarter. LPL Financial LLC now owns 4,258,617 shares of the company’s stock worth $775,111,000 after purchasing an additional 200,427 shares in the last quarter. US Bancorp DE boosted its position in shares of iShares S&P 500 Value ETF by 9.9% during the 1st quarter. US Bancorp DE now owns 1,539,081 shares of the company’s stock worth $287,516,000 after purchasing an additional 139,258 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its position in shares of iShares S&P 500 Value ETF by 3.4% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 1,424,716 shares of the company’s stock worth $259,313,000 after purchasing an additional 47,074 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE stock traded down $0.87 on Tuesday, reaching $198.12. 102,702 shares of the company were exchanged, compared to its average volume of 683,284. The company has a market cap of $35.49 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The company has a 50-day moving average of $194.90 and a 200-day moving average of $187.36. iShares S&P 500 Value ETF has a one year low of $147.23 and a one year high of $201.08.

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.