MML Investors Services LLC Increases Stock Position in iShares S&P 500 Value ETF $IVE

MML Investors Services LLC grew its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 48.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,103,532 shares of the company’s stock after buying an additional 689,967 shares during the period. iShares S&P 500 Value ETF accounts for approximately 1.1% of MML Investors Services LLC’s holdings, making the stock its 14th biggest holding. MML Investors Services LLC owned approximately 0.93% of iShares S&P 500 Value ETF worth $446,096,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC boosted its position in iShares S&P 500 Value ETF by 0.8% during the 4th quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock worth $2,679,000 after purchasing an additional 112 shares during the period. Great Lakes Advisors LLC lifted its holdings in iShares S&P 500 Value ETF by 6,385.7% in the 1st quarter. Great Lakes Advisors LLC now owns 454 shares of the company’s stock worth $83,000 after buying an additional 447 shares in the last quarter. Schnieders Capital Management LLC. acquired a new stake in shares of iShares S&P 500 Value ETF in the 2nd quarter valued at about $550,000. Russell Investments Group Ltd. raised its stake in shares of iShares S&P 500 Value ETF by 28.8% in the 2nd quarter. Russell Investments Group Ltd. now owns 2,131 shares of the company’s stock valued at $416,000 after purchasing an additional 477 shares in the last quarter. Finally, First Trust Advisors LP raised its stake in shares of iShares S&P 500 Value ETF by 2.8% in the 2nd quarter. First Trust Advisors LP now owns 26,527 shares of the company’s stock valued at $5,184,000 after purchasing an additional 731 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA:IVE opened at $228.73 on Monday. iShares S&P 500 Value ETF has a fifty-two week low of $189.66 and a fifty-two week high of $229.53. The firm has a 50-day simple moving average of $222.71 and a 200 day simple moving average of $217.88. The company has a market cap of $50.50 billion, a PE ratio of 20.70 and a beta of 0.82.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.