Ewa LLC cut its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 6.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 155,610 shares of the company’s stock after selling 9,994 shares during the quarter. iShares S&P 500 Value ETF makes up approximately 7.5% of Ewa LLC’s portfolio, making the stock its 2nd largest holding. Ewa LLC owned approximately 0.07% of iShares S&P 500 Value ETF worth $32,857,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of IVE. Cassaday & Co Wealth Management LLC raised its holdings in shares of iShares S&P 500 Value ETF by 3,286.8% during the fourth quarter. Cassaday & Co Wealth Management LLC now owns 1,153,776 shares of the company’s stock valued at $244,681,000 after acquiring an additional 1,119,709 shares during the last quarter. Morgan Stanley boosted its stake in shares of iShares S&P 500 Value ETF by 7.5% in the fourth quarter. Morgan Stanley now owns 15,278,856 shares of the company’s stock worth $3,240,188,000 after acquiring an additional 1,068,945 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of iShares S&P 500 Value ETF by 4.6% in the fourth quarter. JPMorgan Chase & Co. now owns 18,748,246 shares of the company’s stock worth $3,975,941,000 after acquiring an additional 821,872 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its position in shares of iShares S&P 500 Value ETF by 47.4% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,540,243 shares of the company’s stock worth $538,709,000 after purchasing an additional 816,767 shares in the last quarter. Finally, Park Avenue Securities LLC increased its position in shares of iShares S&P 500 Value ETF by 40.4% during the fourth quarter. Park Avenue Securities LLC now owns 2,467,550 shares of the company’s stock worth $523,293,000 after purchasing an additional 710,518 shares in the last quarter.
iShares S&P 500 Value ETF Stock Performance
Shares of IVE stock opened at $227.16 on Tuesday. The stock’s fifty day moving average is $225.25 and its two-hundred day moving average is $219.08. The firm has a market capitalization of $50.16 billion, a P/E ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a fifty-two week low of $193.90 and a fifty-two week high of $230.05.
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.
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