iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Purchased by Graypoint LLC

Graypoint LLC raised its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 37.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 86,410 shares of the company’s stock after buying an additional 23,501 shares during the quarter. iShares S&P 500 Value ETF comprises about 1.1% of Graypoint LLC’s portfolio, making the stock its 22nd biggest holding. Graypoint LLC’s holdings in iShares S&P 500 Value ETF were worth $17,037,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. International Assets Investment Management LLC increased its stake in iShares S&P 500 Value ETF by 18,046.1% during the 3rd quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock worth $262,938,000 after buying an additional 1,326,211 shares during the period. Cetera Investment Advisers increased its position in shares of 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 worth $263,498,000 after acquiring an additional 1,270,256 shares during the period. Envestnet Portfolio Solutions Inc. raised its stake in shares of iShares S&P 500 Value ETF by 503.8% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 1,377,642 shares of the company’s stock valued at $257,357,000 after acquiring an additional 1,149,497 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in iShares S&P 500 Value ETF by 5.1% in the first 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 period. Finally, Sanctuary Advisors LLC acquired a new position in iShares S&P 500 Value ETF during the 2nd quarter worth $82,555,000.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA IVE opened at $201.19 on Thursday. The company has a market cap of $36.04 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The stock’s 50-day moving average is $196.26 and its two-hundred day moving average is $188.73. iShares S&P 500 Value ETF has a 1-year low of $155.79 and a 1-year high of $201.49.

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.