Oppenheimer & Co. Inc. Grows Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Oppenheimer & Co. Inc. increased its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 14.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,313 shares of the company’s stock after buying an additional 3,213 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in iShares S&P 500 Value ETF were worth $4,991,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its holdings 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 last quarter. Envestnet Asset Management Inc. grew its stake in shares of iShares S&P 500 Value ETF by 3.5% during the second 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 during the last quarter. LPL Financial LLC lifted its stake in shares of iShares S&P 500 Value ETF by 4.9% during 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 during the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in iShares S&P 500 Value ETF by 3.4% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 1,424,716 shares of the company’s stock valued at $259,313,000 after acquiring an additional 47,074 shares during the period. Finally, Cetera Investment Advisers grew its position in iShares S&P 500 Value ETF by 905.6% in the 1st quarter. Cetera Investment Advisers now owns 1,410,516 shares of the company’s stock valued at $263,498,000 after acquiring an additional 1,270,256 shares during the last quarter.

iShares S&P 500 Value ETF Trading Down 0.6 %

NYSEARCA:IVE opened at $200.20 on Friday. The company has a market cap of $35.87 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a twelve month low of $161.43 and a twelve month high of $203.67. The stock has a fifty day simple moving average of $196.89 and a 200-day simple moving average of $189.46.

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.