JPMorgan Chase & Co. Has $3.36 Billion Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

JPMorgan Chase & Co. cut its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,023,645 shares of the company’s stock after selling 634,270 shares during the quarter. JPMorgan Chase & Co. owned about 9.50% of iShares S&P 500 Value ETF worth $3,356,552,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Northwest Investment Counselors LLC bought a new stake in shares of iShares S&P 500 Value ETF during the third quarter valued at approximately $31,000. Valued Wealth Advisors LLC bought a new stake in iShares S&P 500 Value ETF during the 3rd quarter worth approximately $35,000. Copley Financial Group Inc. bought a new stake in iShares S&P 500 Value ETF during the 3rd quarter worth approximately $36,000. Hobbs Group Advisors LLC purchased a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter worth about $40,000. Finally, Addison Advisors LLC boosted its stake in iShares S&P 500 Value ETF by 50.0% in the second quarter. Addison Advisors LLC now owns 279 shares of the company’s stock valued at $51,000 after acquiring an additional 93 shares during the last quarter.

iShares S&P 500 Value ETF Stock Up 0.1 %

iShares S&P 500 Value ETF stock traded up $0.23 during midday trading on Thursday, reaching $193.99. The stock had a trading volume of 377,187 shares, compared to its average volume of 659,393. The firm’s 50-day moving average price is $199.16 and its 200 day moving average price is $192.95. The firm has a market capitalization of $34.75 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 12 month low of $170.13 and a 12 month high of $206.63.

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.