The iShares S&P 500 Value ETF (NYSEARCA: IVE ) is a passively managed indexed exchange-traded fund [ETF] designed to provide investors with exposure to large-cap US companies that may be undervalued relative to peer companies. IVE is a low-cost strategy with an expense ratioMonte Independent Investment Research: Michael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in professional services ...