NBC Securities Inc. Buys 536 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

NBC Securities Inc. raised its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 33.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,148 shares of the company’s stock after acquiring an additional 536 shares during the period. NBC Securities Inc.’s holdings in iShares S&P 500 Value ETF were worth $423,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of IVE. JPMorgan Chase & Co. increased its stake in iShares S&P 500 Value ETF by 5.1% during the 1st 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 in the last quarter. Envestnet Asset Management Inc. raised its holdings in iShares S&P 500 Value ETF by 3.5% in 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 last quarter. LPL Financial LLC lifted its position in iShares S&P 500 Value ETF by 4.9% in the 2nd quarter. LPL Financial LLC now owns 4,258,617 shares of the company’s stock valued at $775,111,000 after acquiring an additional 200,427 shares in the last quarter. US Bancorp DE boosted its stake in iShares S&P 500 Value ETF by 9.9% during the 1st quarter. US Bancorp DE now owns 1,539,081 shares of the company’s stock valued at $287,516,000 after purchasing an additional 139,258 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its holdings in shares of iShares S&P 500 Value ETF by 3.4% in the 2nd 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 in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA:IVE opened at $200.41 on Friday. iShares S&P 500 Value ETF has a 1 year low of $147.23 and a 1 year high of $201.08. The company has a market cap of $35.90 billion, a P/E ratio of 23.79 and a beta of 0.81. The stock’s fifty day moving average price is $194.33 and its 200-day moving average price is $187.10.

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.