Capital Advisors Ltd. LLC reduced its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 0.5% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 39,454 shares of the company’s stock after selling 201 shares during the period. iShares S&P 500 Value ETF accounts for 1.0% of Capital Advisors Ltd. LLC’s investment portfolio, making the stock its 24th biggest holding. Capital Advisors Ltd. LLC’s holdings in iShares S&P 500 Value ETF were worth $7,779,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also modified their holdings of the stock. International Assets Investment Management LLC grew its stake in iShares S&P 500 Value ETF by 18,046.1% in the third quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock valued at $262,938,000 after purchasing an additional 1,326,211 shares in the last quarter. Cetera Investment Advisers grew its stake in shares of iShares S&P 500 Value ETF by 905.6% in the 1st quarter. Cetera Investment Advisers now owns 1,410,516 shares of the company’s stock valued at $263,498,000 after buying an additional 1,270,256 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in iShares S&P 500 Value ETF by 503.8% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 1,377,642 shares of the company’s stock worth $257,357,000 after buying an additional 1,149,497 shares during the last quarter. JPMorgan Chase & Co. raised its position in iShares S&P 500 Value ETF by 5.1% during the first quarter. JPMorgan Chase & Co. now owns 17,776,089 shares of the company’s stock valued at $3,320,751,000 after acquiring an additional 861,704 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its stake in iShares S&P 500 Value ETF by 314.9% in the first quarter. Janney Montgomery Scott LLC now owns 626,981 shares of the company’s stock valued at $117,126,000 after acquiring an additional 475,860 shares during the last quarter.
iShares S&P 500 Value ETF Stock Down 0.7 %
Shares of IVE opened at $196.32 on Friday. The firm has a market cap of $35.17 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The company’s fifty day moving average is $195.65 and its 200-day moving average is $187.73. iShares S&P 500 Value ETF has a 12 month low of $147.23 and a 12 month high of $201.08.
iShares S&P 500 Value ETF Company 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.
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