Evermay Wealth Management LLC Increases Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Evermay Wealth Management LLC grew its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,817 shares of the company’s stock after purchasing an additional 77 shares during the quarter. Evermay Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $358,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its position 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 acquiring an additional 861,704 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of iShares S&P 500 Value ETF by 3.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,380,397 shares of the company’s stock valued at $2,253,356,000 after buying an additional 420,007 shares in the last quarter. LPL Financial LLC increased its stake in shares of iShares S&P 500 Value ETF by 4.9% in the 2nd quarter. LPL Financial LLC now owns 4,258,617 shares of the company’s stock worth $775,111,000 after acquiring an additional 200,427 shares in the last quarter. US Bancorp DE lifted its position in iShares S&P 500 Value ETF by 9.9% during the 1st quarter. US Bancorp DE now owns 1,539,081 shares of the company’s stock valued at $287,516,000 after acquiring an additional 139,258 shares during the period. Finally, Envestnet Portfolio Solutions Inc. boosted its stake in iShares S&P 500 Value ETF by 3.4% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 1,424,716 shares of the company’s stock worth $259,313,000 after acquiring an additional 47,074 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE traded up $0.39 during mid-day trading on Wednesday, reaching $196.48. The company had a trading volume of 43,806 shares, compared to its average volume of 675,824. iShares S&P 500 Value ETF has a 52 week low of $149.61 and a 52 week high of $201.08. The company has a market capitalization of $35.20 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The firm has a 50-day moving average price of $195.87 and a 200 day moving average price of $188.01.

iShares S&P 500 Value ETF Company 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.