Envestnet Portfolio Solutions Inc. Raises Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Envestnet Portfolio Solutions Inc. grew its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVEFree Report) by 3.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 1,527,973 shares of the company’s stock after acquiring an additional 49,640 shares during the quarter. iShares S&P 500 Value ETF comprises approximately 1.0% of Envestnet Portfolio Solutions Inc.’s holdings, making the stock its 24th largest holding. Envestnet Portfolio Solutions Inc. owned 0.85% of iShares S&P 500 Value ETF worth $291,659,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of IVE. Thurston Springer Miller Herd & Titak Inc. lifted its position in iShares S&P 500 Value ETF by 100.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after purchasing an additional 76 shares during the last quarter. Kentucky Trust Co purchased a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter valued at about $29,000. Providence First Trust Co purchased a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter valued at about $31,000. Centricity Wealth Management LLC bought a new position in shares of iShares S&P 500 Value ETF in the 4th quarter valued at about $34,000. Finally, Perkins Coie Trust Co purchased a new position in iShares S&P 500 Value ETF in the fourth quarter worth about $35,000.

iShares S&P 500 Value ETF Price Performance

Shares of IVE stock opened at $188.81 on Friday. The company has a market cap of $36.68 billion, a PE ratio of 22.06 and a beta of 0.94. iShares S&P 500 Value ETF has a 1 year low of $176.09 and a 1 year high of $206.63. The stock’s 50 day simple moving average is $194.27 and its two-hundred day simple moving average is $196.20.

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.

See Also

Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

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