Belpointe Asset Management LLC Has $3.32 Million Position in iShares S&P 500 Value ETF $IVE

Belpointe Asset Management LLC cut its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.7% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 16,978 shares of the company’s stock after selling 291 shares during the period. Belpointe Asset Management LLC’s holdings in iShares S&P 500 Value ETF were worth $3,318,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in IVE. Envestnet Asset Management Inc. boosted its holdings in shares of iShares S&P 500 Value ETF by 38.8% during the first quarter. Envestnet Asset Management Inc. now owns 18,643,646 shares of the company’s stock worth $3,553,106,000 after acquiring an additional 5,207,877 shares during the period. JPMorgan Chase & Co. grew its stake in iShares S&P 500 Value ETF by 5.5% during the first quarter. JPMorgan Chase & Co. now owns 17,776,163 shares of the company’s stock worth $3,387,781,000 after buying an additional 922,557 shares in the last quarter. Sofi Wealth LLC raised its position in iShares S&P 500 Value ETF by 6,106.5% during the first quarter. Sofi Wealth LLC now owns 897,268 shares of the company’s stock valued at $171,001,000 after purchasing an additional 882,811 shares in the last quarter. Liberty Wealth Management LLC raised its stake in iShares S&P 500 Value ETF by 1,324.3% during the first quarter. Liberty Wealth Management LLC now owns 845,488 shares of the company’s stock worth $161,133,000 after acquiring an additional 786,127 shares in the last quarter. Finally, Park Avenue Securities LLC grew its stake in shares of iShares S&P 500 Value ETF by 53.1% during the first quarter. Park Avenue Securities LLC now owns 1,450,465 shares of the company’s stock worth $276,430,000 after buying an additional 502,776 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

NYSEARCA:IVE opened at $207.84 on Monday. The company has a market cap of $41.99 billion, a PE ratio of 20.70 and a beta of 0.94. iShares S&P 500 Value ETF has a one year low of $165.45 and a one year high of $208.86. The firm’s 50 day simple moving average is $202.31 and its 200 day simple moving average is $193.47.

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.