Cwm LLC reduced its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 0.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,451,914 shares of the company’s stock after selling 13,765 shares during the quarter. iShares S&P 500 Value ETF makes up approximately 1.2% of Cwm LLC’s investment portfolio, making the stock its 16th largest position. Cwm LLC owned approximately 0.81% of iShares S&P 500 Value ETF worth $286,274,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors also recently added to or reduced their stakes in IVE. Cetera Investment Advisers boosted its holdings in shares of iShares S&P 500 Value ETF by 905.6% in the first quarter. Cetera Investment Advisers now owns 1,410,516 shares of the company’s stock valued at $263,498,000 after purchasing an additional 1,270,256 shares during the period. Envestnet Portfolio Solutions Inc. grew its position in shares of iShares S&P 500 Value ETF by 503.8% during the 1st 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 in the last quarter. JPMorgan Chase & Co. increased its stake in shares of 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 buying an additional 861,704 shares during the period. Park Avenue Securities LLC raised its holdings in shares of iShares S&P 500 Value ETF by 1,337.4% in the first quarter. Park Avenue Securities LLC now owns 902,534 shares of the company’s stock valued at $168,602,000 after acquiring an additional 839,744 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 worth $117,126,000 after acquiring an additional 475,860 shares during the period.
iShares S&P 500 Value ETF Stock Performance
NYSEARCA IVE opened at $196.93 on Thursday. The company’s 50-day simple moving average is $192.52 and its two-hundred day simple moving average is $186.46. iShares S&P 500 Value ETF has a one year low of $147.23 and a one year high of $197.63. The company has a market capitalization of $35.28 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.
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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