iShares S&P 500 Value ETF $IVE Stake Lessened by Alesco Advisors LLC An ESL Co

Alesco Advisors LLC An ESL Co cut its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,079 shares of the company’s stock after selling 4,141 shares during the period. Alesco Advisors LLC An ESL Co’s holdings in iShares S&P 500 Value ETF were worth $13,953,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Simplex Trading LLC bought a new position in shares of iShares S&P 500 Value ETF during the fourth quarter worth about $25,000. Hilton Head Capital Partners LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter valued at approximately $25,000. Decker Retirement Planning Inc. acquired a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter valued at approximately $26,000. United Services Automobile Association bought a new position in iShares S&P 500 Value ETF during the second quarter worth $26,000. Finally, Palisade Asset Management LLC bought a new position in iShares S&P 500 Value ETF during the third quarter worth $29,000.

iShares S&P 500 Value ETF Price Performance

iShares S&P 500 Value ETF stock opened at $230.56 on Wednesday. The company has a fifty day moving average price of $227.79 and a two-hundred day moving average price of $221.00. iShares S&P 500 Value ETF has a 12 month low of $193.90 and a 12 month high of $233.57. The company has a market cap of $48.75 billion, a PE ratio of 20.70 and a beta of 0.82.

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.