Endeavor Private Wealth Inc. Takes $2.22 Million Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Endeavor Private Wealth Inc. bought a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 11,642 shares of the company’s stock, valued at approximately $2,222,000. iShares S&P 500 Value ETF accounts for about 2.1% of Endeavor Private Wealth Inc.’s portfolio, making the stock its 14th largest position.

Several other institutional investors and hedge funds have also bought and sold shares of the company. International Assets Investment Management LLC grew its stake in iShares S&P 500 Value ETF by 18,046.1% in 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 in the last quarter. Sanctuary Advisors LLC bought a new stake in iShares S&P 500 Value ETF during the second quarter worth about $82,555,000. USA Financial Formulas purchased a new position in shares of iShares S&P 500 Value ETF in the 4th quarter worth about $77,191,000. The Manufacturers Life Insurance Company increased its position in shares of iShares S&P 500 Value ETF by 43.2% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 918,220 shares of the company’s stock valued at $167,125,000 after purchasing an additional 277,110 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its holdings 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 valued at $389,537,000 after buying an additional 139,651 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of IVE opened at $195.41 on Thursday. iShares S&P 500 Value ETF has a 1 year low of $172.85 and a 1 year high of $206.63. The stock has a 50 day simple moving average of $196.53 and a two-hundred day simple moving average of $194.34. The firm has a market cap of $35.01 billion, a P/E 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.