iShares S&P 500 Value ETF $IVE Shares Sold by Patton Albertson Miller Group LLC

Patton Albertson Miller Group LLC cut its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 8.1% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 5,568 shares of the company’s stock after selling 493 shares during the period. Patton Albertson Miller Group LLC’s holdings in iShares S&P 500 Value ETF were worth $1,088,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of IVE. Envestnet Asset Management Inc. raised its position in shares of iShares S&P 500 Value ETF by 38.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 18,643,646 shares of the company’s stock worth $3,553,106,000 after buying an additional 5,207,877 shares in the last quarter. JPMorgan Chase & Co. grew its position in iShares S&P 500 Value ETF by 5.5% during the first quarter. JPMorgan Chase & Co. now owns 17,776,163 shares of the company’s stock valued at $3,387,781,000 after purchasing an additional 922,557 shares in the last quarter. Goldman Sachs Group Inc. grew its position in iShares S&P 500 Value ETF by 4.2% during the first quarter. Goldman Sachs Group Inc. now owns 2,590,004 shares of the company’s stock valued at $493,603,000 after purchasing an additional 105,418 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in iShares S&P 500 Value ETF by 3.7% in the first quarter. Ameriprise Financial Inc. now owns 2,546,232 shares of the company’s stock valued at $485,361,000 after acquiring an additional 90,856 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in iShares S&P 500 Value ETF by 5.3% in the first quarter. PNC Financial Services Group Inc. now owns 2,257,076 shares of the company’s stock valued at $430,153,000 after acquiring an additional 114,406 shares during the last quarter.

iShares S&P 500 Value ETF Stock Up 0.8%

NYSEARCA IVE opened at $205.47 on Friday. The company has a 50 day moving average price of $201.56 and a two-hundred day moving average price of $192.83. iShares S&P 500 Value ETF has a 12-month low of $165.45 and a 12-month high of $206.63. The stock has a market capitalization of $41.25 billion, a PE ratio of 20.70 and a beta of 0.94.

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.