BlueChip Wealth Advisors LLC Has $713,000 Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

BlueChip Wealth Advisors LLC increased its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 91.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,733 shares of the company’s stock after buying an additional 1,780 shares during the quarter. BlueChip Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $713,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Stifel Financial Corp grew its stake in shares of iShares S&P 500 Value ETF by 2.5% during the 3rd quarter. Stifel Financial Corp now owns 2,488,560 shares of the company’s stock worth $490,670,000 after acquiring an additional 60,868 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in iShares S&P 500 Value ETF by 8.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,142,670 shares of the company’s stock worth $408,993,000 after purchasing an additional 167,028 shares during the last quarter. Raymond James Financial Inc. bought a new position in iShares S&P 500 Value ETF in the fourth quarter valued at $311,273,000. Envestnet Portfolio Solutions Inc. increased its stake in iShares S&P 500 Value ETF by 3.4% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 1,527,973 shares of the company’s stock valued at $291,659,000 after buying an additional 49,640 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in iShares S&P 500 Value ETF by 8.0% during the 4th quarter. Commonwealth Equity Services LLC now owns 999,059 shares of the company’s stock worth $190,700,000 after buying an additional 73,706 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA IVE opened at $188.79 on Friday. The business has a 50-day moving average of $194.16 and a 200-day moving average of $195.95. The stock has a market capitalization of $36.76 billion, a price-to-earnings ratio of 21.80 and a beta of 0.94. iShares S&P 500 Value ETF has a fifty-two week low of $176.09 and a fifty-two week high of $206.63.

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.