Capital Advisors Ltd. LLC Cuts Stock Holdings in iShares S&P 500 Value ETF $IVE

Capital Advisors Ltd. LLC lessened its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 83.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,069 shares of the company’s stock after selling 35,238 shares during the period. Capital Advisors Ltd. LLC’s holdings in iShares S&P 500 Value ETF were worth $1,499,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Envestnet Asset Management Inc. raised its stake 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 valued at $4,568,288,000 after acquiring an additional 1,137,886 shares during the period. Bank of America Corp DE raised its stake in shares of iShares S&P 500 Value ETF by 0.9% in the 3rd quarter. Bank of America Corp DE now owns 8,396,957 shares of the company’s stock valued at $1,734,056,000 after acquiring an additional 72,040 shares during the period. UBS Group AG raised its stake in shares of iShares S&P 500 Value ETF by 1.0% in the 3rd quarter. UBS Group AG now owns 3,604,778 shares of the company’s stock valued at $744,423,000 after acquiring an additional 37,372 shares during the period. Ameriprise Financial Inc. raised its stake in shares of 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 acquiring an additional 484,782 shares during the period. Finally, Park Avenue Securities LLC raised its stake in shares of iShares S&P 500 Value ETF by 40.4% in the 4th quarter. Park Avenue Securities LLC now owns 2,467,550 shares of the company’s stock valued at $523,293,000 after acquiring an additional 710,518 shares during the period.

iShares S&P 500 Value ETF Trading Up 0.4%

Shares of IVE stock opened at $212.74 on Tuesday. The company’s fifty day simple moving average is $216.35 and its 200-day simple moving average is $212.57. iShares S&P 500 Value ETF has a 52 week low of $165.45 and a 52 week high of $223.05. The company has a market cap of $46.95 billion, a PE ratio of 20.70 and a beta of 0.89.

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.