Barclays PLC Reduces Holdings in iShares S&P 500 Value ETF $IVE

Barclays PLC decreased its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 264,512 shares of the company’s stock after selling 9,534 shares during the period. Barclays PLC owned approximately 0.13% of iShares S&P 500 Value ETF worth $54,624,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Envestnet Asset Management Inc. raised its position in shares of iShares S&P 500 Value ETF by 5.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 22,121,389 shares of the company’s stock worth $4,568,288,000 after acquiring an additional 1,137,886 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of iShares S&P 500 Value ETF by 0.7% during the second quarter. JPMorgan Chase & Co. now owns 17,895,697 shares of the company’s stock valued at $3,497,177,000 after purchasing an additional 119,534 shares in the last quarter. Ameriprise Financial Inc. grew its stake in iShares S&P 500 Value ETF by 19.0% in the second quarter. Ameriprise Financial Inc. now owns 3,031,014 shares of the company’s stock worth $591,818,000 after purchasing an additional 484,782 shares during the period. PNC Financial Services Group Inc. grew its stake in iShares S&P 500 Value ETF by 4.7% in the second quarter. PNC Financial Services Group Inc. now owns 2,362,479 shares of the company’s stock worth $461,676,000 after purchasing an additional 105,403 shares during the period. Finally, Cetera Investment Advisers raised its holdings in iShares S&P 500 Value ETF by 7.8% in the second quarter. Cetera Investment Advisers now owns 2,112,895 shares of the company’s stock worth $412,902,000 after purchasing an additional 152,851 shares in the last quarter.

iShares S&P 500 Value ETF Trading Up 0.1%

Shares of iShares S&P 500 Value ETF stock opened at $216.39 on Tuesday. iShares S&P 500 Value ETF has a 12 month low of $165.45 and a 12 month high of $223.05. The firm has a market capitalization of $48.88 billion, a P/E ratio of 20.70 and a beta of 0.89. The business has a fifty day simple moving average of $218.16 and a two-hundred day simple moving average of $211.47.

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. 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.