JPMorgan Chase & Co. Has $3.98 Billion Stock Position in iShares S&P 500 Value ETF $IVE

JPMorgan Chase & Co. lifted its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,748,246 shares of the company’s stock after buying an additional 821,872 shares during the quarter. JPMorgan Chase & Co. owned about 0.08% of iShares S&P 500 Value ETF worth $3,975,941,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Bank of America Corp DE lifted its stake in shares of iShares S&P 500 Value ETF by 0.9% in the third quarter. Bank of America Corp DE now owns 8,396,957 shares of the company’s stock worth $1,734,056,000 after buying an additional 72,040 shares during the last quarter. UBS Group AG lifted its stake in shares of iShares S&P 500 Value ETF by 1.0% in the third quarter. UBS Group AG now owns 3,604,778 shares of the company’s stock worth $744,423,000 after buying an additional 37,372 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in shares of iShares S&P 500 Value ETF by 19.0% in the second quarter. Ameriprise Financial Inc. now owns 3,031,014 shares of the company’s stock worth $591,818,000 after buying an additional 484,782 shares during the last quarter. CWM LLC lifted its stake in shares of iShares S&P 500 Value ETF by 37.5% in the fourth quarter. CWM LLC now owns 2,579,248 shares of the company’s stock worth $546,981,000 after buying an additional 702,987 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its stake in shares of iShares S&P 500 Value ETF by 47.4% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,540,243 shares of the company’s stock worth $538,709,000 after buying an additional 816,767 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of iShares S&P 500 Value ETF stock opened at $226.54 on Monday. The firm has a fifty day simple moving average of $221.01 and a 200-day simple moving average of $217.14. iShares S&P 500 Value ETF has a 1-year low of $189.66 and a 1-year high of $229.53. The stock has a market capitalization of $50.02 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82.

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.