Amara Financial LLC. Makes New Investment in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Amara Financial LLC. purchased a new stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,913 shares of the company’s stock, valued at approximately $574,000. iShares S&P 500 Value ETF accounts for 0.5% of Amara Financial LLC.’s portfolio, making the stock its 25th biggest holding.

Other large investors have also made changes to their positions in the company. Envestnet Asset Management Inc. boosted 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. LPL Financial LLC boosted its holdings in shares of 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 purchasing an additional 200,427 shares during the period. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of iShares S&P 500 Value ETF by 3.4% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 1,424,716 shares of the company’s stock worth $259,313,000 after purchasing an additional 47,074 shares during the period. Cetera Investment Advisers grew its position in 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 valued at $263,498,000 after purchasing an additional 1,270,256 shares in the last quarter. Finally, International Assets Investment Management LLC increased its stake in 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 during the period.

iShares S&P 500 Value ETF Trading Up 0.5 %

Shares of NYSEARCA:IVE opened at $200.47 on Tuesday. The firm has a market cap of $35.91 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 1 year low of $162.43 and a 1 year high of $203.67. The business has a fifty day simple moving average of $197.20 and a 200 day simple moving average of $189.82.

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.