Austin Private Wealth LLC Grows Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Austin Private Wealth LLC raised its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 12.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 123,992 shares of the company’s stock after purchasing an additional 13,964 shares during the period. iShares S&P 500 Value ETF comprises 2.4% of Austin Private Wealth LLC’s investment portfolio, making the stock its 12th biggest position. Austin Private Wealth LLC owned approximately 0.07% of iShares S&P 500 Value ETF worth $22,568,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. grew its position in iShares S&P 500 Value ETF by 5.1% during the 1st quarter. JPMorgan Chase & Co. now owns 17,776,089 shares of the company’s stock worth $3,320,751,000 after purchasing an additional 861,704 shares during the last quarter. Wells Fargo & Company MN lifted its position 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 acquiring an additional 25,641 shares during the period. Envestnet Asset Management Inc. increased its holdings in shares of iShares S&P 500 Value ETF by 8.9% in the fourth quarter. Envestnet Asset Management Inc. now owns 4,314,163 shares of the company’s stock valued at $750,190,000 after purchasing an additional 351,478 shares during the period. UBS Group AG raised its stake in shares of iShares S&P 500 Value ETF by 0.4% during the fourth quarter. UBS Group AG now owns 3,558,382 shares of the company’s stock worth $618,767,000 after purchasing an additional 14,425 shares during the last quarter. Finally, Stifel Financial Corp lifted its holdings in shares of iShares S&P 500 Value ETF by 1.2% during the fourth quarter. Stifel Financial Corp now owns 2,195,335 shares of the company’s stock worth $381,746,000 after purchasing an additional 25,246 shares during the period.

iShares S&P 500 Value ETF Stock Up 0.1 %

NYSEARCA IVE traded up $0.16 during trading hours on Friday, hitting $185.73. 264,220 shares of the stock were exchanged, compared to its average volume of 760,784. The company has a market cap of $33.27 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 12-month low of $147.23 and a 12-month high of $191.93. The stock has a 50-day moving average of $184.41 and a 200 day moving average of $181.95.

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.