Envestnet Portfolio Solutions Inc. Acquires 7,827 Shares of iShares S&P 500 Value ETF $IVE

by · The Markets Daily

Envestnet Portfolio Solutions Inc. boosted its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 0.5% during the third quarter, Holdings Channel.com reports. The firm owned 1,723,476 shares of the company’s stock after acquiring an additional 7,827 shares during the period. iShares S&P 500 Value ETF accounts for about 1.3% of Envestnet Portfolio Solutions Inc.’s portfolio, making the stock its 20th largest position. Envestnet Portfolio Solutions Inc.’s holdings in iShares S&P 500 Value ETF were worth $355,915,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. United Services Automobile Association bought a new stake in shares of iShares S&P 500 Value ETF in the 2nd quarter worth about $26,000. Harbor Asset Planning Inc. bought a new position in shares of iShares S&P 500 Value ETF in the 2nd quarter valued at about $30,000. Tripletail Wealth Management LLC purchased a new position in iShares S&P 500 Value ETF in the third quarter worth about $37,000. Morgan Dempsey Capital Management LLC bought a new stake in iShares S&P 500 Value ETF during the second quarter worth approximately $55,000. Finally, Steigerwald Gordon & Koch Inc. bought a new stake in iShares S&P 500 Value ETF during the third quarter worth approximately $57,000.

iShares S&P 500 Value ETF Price Performance

Shares of IVE stock opened at $217.17 on Friday. The company has a market cap of $49.04 billion, a PE ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year high of $218.44. The stock’s 50 day simple moving average is $212.69 and its two-hundred day simple moving average is $206.65.

iShares S&P 500 Value ETF Company Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding IVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report).