S&CO Inc. Acquires New Position in iShares S&P 500 Value ETF $IVE

S&CO Inc. bought a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm bought 4,350 shares of the company’s stock, valued at approximately $987,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. raised its holdings in shares of iShares S&P 500 Value ETF by 4.6% during the 4th quarter. JPMorgan Chase & Co. now owns 18,748,246 shares of the company’s stock worth $3,975,941,000 after acquiring an additional 821,872 shares during the period. Morgan Stanley grew its holdings in shares of iShares S&P 500 Value ETF by 7.5% in the fourth quarter. Morgan Stanley now owns 15,278,856 shares of the company’s stock valued at $3,240,188,000 after purchasing an additional 1,068,945 shares during the period. Bank of America Corp DE grew its holdings in shares of iShares S&P 500 Value ETF by 2.0% in the first quarter. Bank of America Corp DE now owns 9,457,775 shares of the company’s stock valued at $1,997,009,000 after purchasing an additional 182,358 shares during the period. Wells Fargo & Company MN increased its position in iShares S&P 500 Value ETF by 2.0% during the fourth quarter. Wells Fargo & Company MN now owns 6,264,139 shares of the company’s stock worth $1,328,436,000 after purchasing an additional 120,153 shares during the last quarter. Finally, Cetera Investment Advisers increased its position in iShares S&P 500 Value ETF by 22.5% during the fourth quarter. Cetera Investment Advisers now owns 3,409,979 shares of the company’s stock worth $723,154,000 after purchasing an additional 627,109 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

NYSEARCA:IVE opened at $238.09 on Friday. The firm has a market capitalization of $50.32 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. The company’s 50-day moving average is $230.47 and its two-hundred day moving average is $223.25. iShares S&P 500 Value ETF has a 1-year low of $200.52 and a 1-year high of $238.37.

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. 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.