Asset Dedication LLC Acquires 1,125 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Asset Dedication LLC lifted its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 27.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,152 shares of the company’s stock after purchasing an additional 1,125 shares during the quarter. Asset Dedication LLC’s holdings in iShares S&P 500 Value ETF were worth $983,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. International Assets Investment Management LLC boosted its stake in shares of 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 last quarter. Sanctuary Advisors LLC acquired a new position in iShares S&P 500 Value ETF during the second quarter valued at approximately $82,555,000. USA Financial Formulas bought a new position in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $77,191,000. PNC Financial Services Group Inc. increased its position in shares of iShares S&P 500 Value ETF by 7.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock worth $389,537,000 after purchasing an additional 139,651 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC raised its stake in shares of iShares S&P 500 Value ETF by 28.7% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 613,456 shares of the company’s stock worth $120,955,000 after purchasing an additional 136,769 shares in the last quarter.

iShares S&P 500 Value ETF Trading Down 0.2 %

NYSEARCA:IVE opened at $197.15 on Thursday. The stock has a market capitalization of $35.32 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 $173.01 and a 1-year high of $206.63. The firm has a fifty day simple moving average of $196.30 and a 200 day simple moving average of $194.80.

About iShares S&P 500 Value ETF

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.