Aviance Capital Partners LLC Invests $215,000 in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Aviance Capital Partners LLC bought a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 1,090 shares of the company’s stock, valued at approximately $215,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. International Assets Investment Management LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 18,046.1% in the 3rd quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock valued at $262,938,000 after buying an additional 1,326,211 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of iShares S&P 500 Value ETF by 905.6% during the first quarter. Cetera Investment Advisers now owns 1,410,516 shares of the company’s stock worth $263,498,000 after buying an additional 1,270,256 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in iShares S&P 500 Value ETF in the 2nd quarter valued at about $82,555,000. Envestnet Asset Management Inc. lifted its position in 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 worth $2,253,356,000 after acquiring an additional 420,007 shares during the period. Finally, Liberty Wealth Management LLC grew its stake in shares of iShares S&P 500 Value ETF by 618.4% in the 2nd quarter. Liberty Wealth Management LLC now owns 411,954 shares of the company’s stock valued at $74,980,000 after purchasing an additional 354,613 shares during the last quarter.

iShares S&P 500 Value ETF Trading Down 0.5 %

NYSEARCA IVE opened at $199.53 on Wednesday. The stock has a market capitalization of $35.75 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The business’s 50 day moving average is $197.35 and its two-hundred day moving average is $189.97. iShares S&P 500 Value ETF has a 12-month low of $162.43 and a 12-month high of $203.67.

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.