Janney Montgomery Scott LLC Purchases 15,407 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Janney Montgomery Scott LLC lifted its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 668,923 shares of the company’s stock after purchasing an additional 15,407 shares during the period. Janney Montgomery Scott LLC owned 0.37% of iShares S&P 500 Value ETF worth $127,684,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in IVE. Chesapeake Wealth Management lifted its position in shares of iShares S&P 500 Value ETF by 3.8% during the 3rd quarter. Chesapeake Wealth Management now owns 1,382 shares of the company’s stock valued at $272,000 after acquiring an additional 50 shares during the period. West Coast Financial LLC grew its stake in iShares S&P 500 Value ETF by 0.3% during the fourth quarter. West Coast Financial LLC now owns 16,432 shares of the company’s stock worth $3,137,000 after buying an additional 53 shares in the last quarter. GDS Wealth Management increased its holdings in iShares S&P 500 Value ETF by 3.3% in the 3rd quarter. GDS Wealth Management now owns 1,765 shares of the company’s stock valued at $348,000 after buying an additional 56 shares during the period. Roble Belko & Company Inc raised its position in shares of iShares S&P 500 Value ETF by 0.5% in the 4th quarter. Roble Belko & Company Inc now owns 11,238 shares of the company’s stock valued at $2,145,000 after buying an additional 57 shares in the last quarter. Finally, Whitcomb & Hess Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 1.0% during the 3rd quarter. Whitcomb & Hess Inc. now owns 6,023 shares of the company’s stock worth $1,188,000 after acquiring an additional 58 shares during the period.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA:IVE opened at $195.41 on Thursday. iShares S&P 500 Value ETF has a 1 year low of $172.85 and a 1 year high of $206.63. The stock has a market capitalization of $35.01 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The company’s 50 day simple moving average is $196.65 and its 200 day simple moving average is $194.33.

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.