EverSource Wealth Advisors LLC Buys 2,023 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

EverSource Wealth Advisors LLC lifted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 663.3% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,328 shares of the company’s stock after buying an additional 2,023 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $416,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its stake in iShares S&P 500 Value ETF by 5.1% during the 1st quarter. JPMorgan Chase & Co. now owns 17,776,089 shares of the company’s stock valued at $3,320,751,000 after purchasing an additional 861,704 shares during the period. Wells Fargo & Company MN boosted its holdings in iShares S&P 500 Value ETF by 0.3% during the 4th quarter. Wells Fargo & Company MN now owns 7,565,945 shares of the company’s stock valued at $1,315,642,000 after acquiring an additional 25,641 shares during the period. Envestnet Asset Management Inc. boosted its holdings in iShares S&P 500 Value ETF by 8.9% during the 4th quarter. Envestnet Asset Management Inc. now owns 4,314,163 shares of the company’s stock valued at $750,190,000 after acquiring an additional 351,478 shares during the period. UBS Group AG boosted its holdings in iShares S&P 500 Value ETF by 0.4% during the 4th quarter. UBS Group AG now owns 3,558,382 shares of the company’s stock valued at $618,767,000 after acquiring an additional 14,425 shares during the period. Finally, Stifel Financial Corp boosted its holdings in iShares S&P 500 Value ETF by 1.2% during the 4th quarter. Stifel Financial Corp now owns 2,195,335 shares of the company’s stock valued at $381,746,000 after acquiring an additional 25,246 shares during the period.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE traded down $2.62 on Friday, reaching $186.65. 984,447 shares of the stock traded hands, compared to its average volume of 768,872. The company has a fifty day moving average price of $184.22 and a 200-day moving average price of $181.48. The company has a market cap of $33.44 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 12 month low of $147.23 and a 12 month high of $191.93.

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.