Matrix Private Capital Group LLC Raises Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Matrix Private Capital Group LLC lifted its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,254 shares of the company’s stock after buying an additional 100 shares during the period. Matrix Private Capital Group LLC’s holdings in iShares S&P 500 Value ETF were worth $774,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of IVE. Cetera Investment Advisers raised its stake in shares of iShares S&P 500 Value ETF by 905.6% during the 1st quarter. Cetera Investment Advisers now owns 1,410,516 shares of the company’s stock worth $263,498,000 after buying an additional 1,270,256 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its stake in iShares S&P 500 Value ETF by 503.8% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 1,377,642 shares of the company’s stock valued at $257,357,000 after purchasing an additional 1,149,497 shares in the last quarter. CWM LLC increased its stake in iShares S&P 500 Value ETF by 228.4% in the 1st quarter. CWM LLC now owns 1,496,348 shares of the company’s stock valued at $279,533,000 after purchasing an additional 1,040,767 shares in the last quarter. JPMorgan Chase & Co. increased its stake in iShares S&P 500 Value ETF by 5.1% in 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. Finally, Park Avenue Securities LLC increased its stake in iShares S&P 500 Value ETF by 1,337.4% in the 1st quarter. Park Avenue Securities LLC now owns 902,534 shares of the company’s stock valued at $168,602,000 after purchasing an additional 839,744 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

NYSEARCA IVE opened at $195.76 on Friday. iShares S&P 500 Value ETF has a 1-year low of $147.23 and a 1-year high of $197.60. The company has a market capitalization of $35.07 billion, a P/E ratio of 23.79 and a beta of 0.81. The business has a 50 day moving average price of $191.09 and a 200 day moving average price of $185.62.

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.