Nvest Financial LLC Purchases 1,215 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Nvest Financial LLC lifted its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 40,149 shares of the company’s stock after buying an additional 1,215 shares during the period. iShares S&P 500 Value ETF makes up about 3.9% of Nvest Financial LLC’s investment portfolio, making the stock its 5th largest holding. Nvest Financial LLC’s holdings in iShares S&P 500 Value ETF were worth $7,664,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in IVE. Asset Dedication LLC boosted its position in iShares S&P 500 Value ETF by 27.9% during the 4th quarter. Asset Dedication LLC now owns 5,152 shares of the company’s stock worth $983,000 after acquiring an additional 1,125 shares during the period. Gateway Wealth Partners LLC raised its stake in shares of iShares S&P 500 Value ETF by 9.2% during the fourth quarter. Gateway Wealth Partners LLC now owns 11,178 shares of the company’s stock valued at $2,134,000 after purchasing an additional 945 shares in the last quarter. Signature Wealth Management Partners LLC lifted its holdings in iShares S&P 500 Value ETF by 8.3% in the fourth quarter. Signature Wealth Management Partners LLC now owns 65,480 shares of the company’s stock worth $12,499,000 after purchasing an additional 5,025 shares during the period. SteelPeak Wealth LLC grew its position in iShares S&P 500 Value ETF by 3.6% in the 4th quarter. SteelPeak Wealth LLC now owns 79,816 shares of the company’s stock valued at $15,235,000 after buying an additional 2,809 shares in the last quarter. Finally, Mayflower Financial Advisors LLC increased its stake in iShares S&P 500 Value ETF by 7.4% during the 4th quarter. Mayflower Financial Advisors LLC now owns 30,338 shares of the company’s stock valued at $5,791,000 after buying an additional 2,101 shares during the period.

iShares S&P 500 Value ETF Trading Down 0.3 %

Shares of NYSEARCA:IVE opened at $197.53 on Wednesday. The company has a 50 day moving average of $196.30 and a 200-day moving average of $194.80. The firm has a market cap of $35.39 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a twelve month low of $173.01 and a twelve month high of $206.63.

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.