Forte Capital LLC ADV Invests $664,000 in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Forte Capital LLC ADV purchased a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 3,370 shares of the company’s stock, valued at approximately $664,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IVE. International Assets Investment Management LLC lifted its stake in shares of iShares S&P 500 Value ETF by 18,046.1% in the 3rd quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock worth $262,938,000 after acquiring an additional 1,326,211 shares during the period. Cetera Investment Advisers lifted its position in iShares S&P 500 Value ETF by 905.6% in the first quarter. Cetera Investment Advisers now owns 1,410,516 shares of the company’s stock valued at $263,498,000 after purchasing an additional 1,270,256 shares during the period. JPMorgan Chase & Co. boosted its holdings in iShares S&P 500 Value ETF by 5.1% in the 1st quarter. JPMorgan Chase & Co. now owns 17,776,089 shares of the company’s stock valued at $3,320,751,000 after purchasing an additional 861,704 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in iShares S&P 500 Value ETF during the 2nd quarter worth approximately $82,555,000. Finally, Envestnet Asset Management Inc. raised its stake 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 buying an additional 420,007 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

IVE opened at $200.60 on Friday. iShares S&P 500 Value ETF has a 12 month low of $155.79 and a 12 month high of $201.52. The stock has a market capitalization of $35.94 billion, a P/E ratio of 23.79 and a beta of 0.81. The business has a 50 day simple moving average of $196.26 and a 200-day simple moving average of $188.73.

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.