iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Bought by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC grew its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,873 shares of the company’s stock after purchasing an additional 651 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $2,538,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its position in shares of 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 worth $3,320,751,000 after acquiring an additional 861,704 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of iShares S&P 500 Value ETF by 3.5% in the second 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 boosted its position in shares of iShares S&P 500 Value ETF by 4.9% in the second quarter. LPL Financial LLC now owns 4,258,617 shares of the company’s stock worth $775,111,000 after acquiring an additional 200,427 shares during the last quarter. US Bancorp DE boosted its position in shares of iShares S&P 500 Value ETF by 9.9% in the first quarter. US Bancorp DE now owns 1,539,081 shares of the company’s stock worth $287,516,000 after acquiring an additional 139,258 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its position in shares of iShares S&P 500 Value ETF by 3.4% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 1,424,716 shares of the company’s stock worth $259,313,000 after acquiring an additional 47,074 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE opened at $198.35 on Thursday. iShares S&P 500 Value ETF has a one year low of $147.23 and a one year high of $201.08. The company’s 50 day moving average price is $195.36 and its 200 day moving average price is $187.54. The firm has a market capitalization of $35.53 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

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.