Axim Planning & Wealth Takes Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Axim Planning & Wealth acquired a new position in shares of 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 acquired 1,027 shares of the company’s stock, valued at approximately $202,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. raised its holdings in iShares S&P 500 Value ETF by 5.1% during the first quarter. JPMorgan Chase & Co. now owns 17,776,089 shares of the company’s stock worth $3,320,751,000 after acquiring an additional 861,704 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of iShares S&P 500 Value ETF by 3.5% in 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 in the last quarter. LPL Financial LLC increased its holdings in iShares S&P 500 Value ETF by 4.9% during the second quarter. LPL Financial LLC now owns 4,258,617 shares of the company’s stock worth $775,111,000 after buying an additional 200,427 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in iShares S&P 500 Value ETF by 3.4% in the second 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 last quarter. Finally, Cetera Investment Advisers increased its stake in shares of iShares S&P 500 Value ETF by 905.6% during the 1st quarter. Cetera Investment Advisers now owns 1,410,516 shares of the company’s stock worth $263,498,000 after purchasing an additional 1,270,256 shares during the last quarter.

iShares S&P 500 Value ETF Trading Up 0.2 %

IVE opened at $201.47 on Thursday. The stock has a market cap of $36.09 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 1-year low of $160.00 and a 1-year high of $203.67. The stock’s fifty day simple moving average is $196.75 and its 200 day simple moving average is $189.38.

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.