Clearview Wealth Advisors LLC boosted its position in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 38.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,829 shares of the company’s stock after acquiring an additional 3,805 shares during the quarter. iShares S&P 500 Value ETF accounts for about 1.9% of Clearview Wealth Advisors LLC’s holdings, making the stock its 13th biggest holding. Clearview Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $2,933,000 at the end of the most recent reporting period.
Several other hedge funds have also recently added to or reduced their stakes in IVE. Cassaday & Co Wealth Management LLC raised its holdings in iShares S&P 500 Value ETF by 3,286.8% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 1,153,776 shares of the company’s stock valued at $244,681,000 after acquiring an additional 1,119,709 shares in the last quarter. Morgan Stanley raised its holdings in 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 acquiring an additional 1,068,945 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in iShares S&P 500 Value ETF by 4.6% in the fourth quarter. JPMorgan Chase & Co. now owns 18,748,246 shares of the company’s stock valued at $3,975,941,000 after acquiring an additional 821,872 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in 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 valued at $538,709,000 after acquiring an additional 816,767 shares in the last quarter. Finally, Park Avenue Securities LLC raised its holdings in iShares S&P 500 Value ETF by 40.4% in the fourth quarter. Park Avenue Securities LLC now owns 2,467,550 shares of the company’s stock valued at $523,293,000 after acquiring an additional 710,518 shares in the last quarter.
iShares S&P 500 Value ETF Stock Up 0.0%
Shares of NYSEARCA:IVE opened at $228.75 on Tuesday. The firm’s 50 day moving average price is $223.05 and its 200 day moving average price is $218.02. The stock has a market cap of $50.51 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a fifty-two week low of $189.66 and a fifty-two week high of $229.67.
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.
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