Krilogy Financial LLC Takes $1.27 Million Position in iShares S&P 500 Value ETF $IVE

Krilogy Financial LLC bought a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 6,112 shares of the company’s stock, valued at approximately $1,274,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IVE. Envestnet Asset Management Inc. increased its stake in iShares S&P 500 Value ETF by 12.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 20,983,503 shares of the company’s stock worth $4,100,596,000 after buying an additional 2,339,857 shares in the last quarter. Laurel Wealth Advisors LLC increased its position in shares of iShares S&P 500 Value ETF by 19,441.2% during the second quarter. Laurel Wealth Advisors LLC now owns 1,215,465 shares of the company’s stock worth $237,526,000 after purchasing an additional 1,209,245 shares in the last quarter. Ameriprise Financial Inc. raised its stake in iShares S&P 500 Value ETF by 19.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,031,014 shares of the company’s stock valued at $591,818,000 after purchasing an additional 484,782 shares during the last quarter. EP Wealth Advisors LLC lifted its holdings in iShares S&P 500 Value ETF by 795.8% in the 2nd quarter. EP Wealth Advisors LLC now owns 373,966 shares of the company’s stock valued at $73,081,000 after purchasing an additional 332,218 shares in the last quarter. Finally, MML Investors Services LLC lifted its holdings in iShares S&P 500 Value ETF by 19.9% in the 2nd quarter. MML Investors Services LLC now owns 1,396,052 shares of the company’s stock valued at $272,817,000 after purchasing an additional 231,828 shares in the last quarter.

iShares S&P 500 Value ETF Stock Down 1.4%

iShares S&P 500 Value ETF stock opened at $218.98 on Friday. The company has a fifty day simple moving average of $215.65 and a 200-day simple moving average of $208.83. The firm has a market capitalization of $49.47 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a 52-week low of $165.45 and a 52-week high of $223.06.

About iShares S&P 500 Value ETF

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.