Clear Investment Research LLC Has $907,000 Stock Position in iShares S&P 500 Value ETF $IVE

Clear Investment Research LLC lessened its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 42.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,392 shares of the company’s stock after selling 3,289 shares during the quarter. iShares S&P 500 Value ETF accounts for approximately 1.2% of Clear Investment Research LLC’s holdings, making the stock its 21st largest holding. Clear Investment Research LLC’s holdings in iShares S&P 500 Value ETF were worth $907,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. FLP Wealth Management LLC raised its holdings in iShares S&P 500 Value ETF by 628.5% during the third quarter. FLP Wealth Management LLC now owns 16,727 shares of the company’s stock worth $3,454,000 after acquiring an additional 14,431 shares in the last quarter. Great Point Wealth Advisors LLC acquired a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter worth approximately $2,478,000. Detalus Advisors LLC raised its stake in shares of iShares S&P 500 Value ETF by 3.6% during the 3rd quarter. Detalus Advisors LLC now owns 84,033 shares of the company’s stock worth $17,354,000 after purchasing an additional 2,909 shares in the last quarter. Curbstone Financial Management Corp acquired a new stake in shares of iShares S&P 500 Value ETF in the 3rd quarter valued at approximately $564,000. Finally, American Trust acquired a new stake in shares of iShares S&P 500 Value ETF in the 2nd quarter valued at approximately $806,000.

iShares S&P 500 Value ETF Trading Up 0.6%

Shares of IVE opened at $220.29 on Tuesday. The company’s fifty day simple moving average is $216.00 and its 200 day simple moving average is $209.27. iShares S&P 500 Value ETF has a 1-year low of $165.45 and a 1-year high of $223.05. The company has a market cap of $49.76 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89.

About iShares S&P 500 Value ETF

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.