Unique Wealth LLC Purchases New Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Unique Wealth LLC acquired a new stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 1,743 shares of the company’s stock, valued at approximately $344,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Cetera Investment Advisers raised its holdings in shares of iShares S&P 500 Value ETF by 905.6% during the 1st 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 in the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in iShares S&P 500 Value ETF by 503.8% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 1,377,642 shares of the company’s stock worth $257,357,000 after purchasing an additional 1,149,497 shares in the last quarter. CWM LLC increased its position in iShares S&P 500 Value ETF by 228.4% during the first quarter. CWM LLC now owns 1,496,348 shares of the company’s stock worth $279,533,000 after buying an additional 1,040,767 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in iShares S&P 500 Value ETF by 5.1% during the first quarter. JPMorgan Chase & Co. now owns 17,776,089 shares of the company’s stock valued at $3,320,751,000 after buying an additional 861,704 shares in the last quarter. Finally, Park Avenue Securities LLC lifted its position in shares of iShares S&P 500 Value ETF by 1,337.4% in the first quarter. Park Avenue Securities LLC now owns 902,534 shares of the company’s stock worth $168,602,000 after buying an additional 839,744 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

IVE opened at $195.36 on Friday. The company has a market cap of $35.00 billion, a PE ratio of 23.79 and a beta of 0.81. The stock has a 50-day moving average of $192.15 and a 200-day moving average of $186.16. iShares S&P 500 Value ETF has a 52-week low of $147.23 and a 52-week high of $197.63.

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.