Cliftonlarsonallen Wealth Advisors LLC Trims Stake in iShares S&P 500 Value ETF $IVE

Cliftonlarsonallen Wealth Advisors LLC lessened its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 479,321 shares of the company’s stock after selling 24,782 shares during the quarter. iShares S&P 500 Value ETF comprises about 1.6% of Cliftonlarsonallen Wealth Advisors LLC’s investment portfolio, making the stock its 15th biggest position. Cliftonlarsonallen Wealth Advisors LLC owned about 0.24% of iShares S&P 500 Value ETF worth $98,985,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Envestnet Asset Management Inc. lifted its position in shares of iShares S&P 500 Value ETF by 12.6% in the second quarter. Envestnet Asset Management Inc. now owns 20,983,503 shares of the company’s stock valued at $4,100,596,000 after acquiring an additional 2,339,857 shares in the last quarter. JPMorgan Chase & Co. increased its position in iShares S&P 500 Value ETF by 0.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 17,895,697 shares of the company’s stock worth $3,497,177,000 after purchasing an additional 119,534 shares in the last quarter. Ameriprise Financial Inc. raised its stake in iShares S&P 500 Value ETF by 19.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,031,014 shares of the company’s stock valued at $591,818,000 after purchasing an additional 484,782 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in iShares S&P 500 Value ETF by 4.2% in the 1st 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 during the last quarter. Finally, PNC Financial Services Group Inc. lifted its holdings in iShares S&P 500 Value ETF by 4.7% in the 2nd quarter. PNC Financial Services Group Inc. now owns 2,362,479 shares of the company’s stock valued at $461,676,000 after purchasing an additional 105,403 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

iShares S&P 500 Value ETF stock opened at $213.17 on Tuesday. The stock has a market capitalization of $43.48 billion, a P/E ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a 12-month low of $165.45 and a 12-month high of $214.90. The firm’s 50-day moving average is $209.64 and its two-hundred day moving average is $203.26.

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.