International Assets Investment Management LLC Lowers Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

International Assets Investment Management LLC cut its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 99.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,552 shares of the company’s stock after selling 1,327,008 shares during the quarter. International Assets Investment Management LLC’s holdings in iShares S&P 500 Value ETF were worth $1,245,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of IVE. Envestnet Asset Management Inc. raised its position in iShares S&P 500 Value ETF by 3.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,380,397 shares of the company’s stock valued at $2,253,356,000 after purchasing an additional 420,007 shares in the last quarter. LPL Financial LLC raised its stake in iShares S&P 500 Value ETF by 4.9% in the second quarter. LPL Financial LLC now owns 4,258,617 shares of the company’s stock worth $775,111,000 after buying an additional 200,427 shares in the last quarter. Stifel Financial Corp lifted its holdings in iShares S&P 500 Value ETF by 2.5% during the third quarter. Stifel Financial Corp now owns 2,488,560 shares of the company’s stock worth $490,670,000 after buying an additional 60,868 shares during the period. PNC Financial Services Group Inc. boosted its position in iShares S&P 500 Value ETF by 7.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock valued at $389,537,000 after acquiring an additional 139,651 shares in the last quarter. Finally, Huntington National Bank increased its holdings in shares of iShares S&P 500 Value ETF by 6.9% in the 3rd quarter. Huntington National Bank now owns 1,045,926 shares of the company’s stock valued at $206,225,000 after acquiring an additional 67,448 shares during the period.

iShares S&P 500 Value ETF Trading Up 0.1 %

IVE opened at $191.15 on Thursday. The firm has a market cap of $34.24 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 12 month low of $170.13 and a 12 month high of $206.63. The stock has a fifty day moving average price of $197.83 and a 200-day moving average price of $193.61.

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.