iShares S&P 500 Value ETF $IVE Shares Sold by Wealth Alliance LLC

Wealth Alliance LLC trimmed its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 9.9% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 149,006 shares of the company’s stock after selling 16,304 shares during the period. iShares S&P 500 Value ETF comprises 3.1% of Wealth Alliance LLC’s investment portfolio, making the stock its 4th biggest holding. Wealth Alliance LLC owned approximately 0.07% of iShares S&P 500 Value ETF worth $31,463,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in IVE. JPMorgan Chase & Co. increased its holdings in iShares S&P 500 Value ETF by 4.6% in the 4th quarter. JPMorgan Chase & Co. now owns 18,748,246 shares of the company’s stock valued at $3,975,941,000 after purchasing an additional 821,872 shares during the last quarter. Morgan Stanley lifted its stake in iShares S&P 500 Value ETF by 7.5% during the fourth quarter. Morgan Stanley now owns 15,278,856 shares of the company’s stock worth $3,240,188,000 after purchasing an additional 1,068,945 shares in the last quarter. Wells Fargo & Company MN lifted its stake in iShares S&P 500 Value ETF by 2.0% during the fourth quarter. Wells Fargo & Company MN now owns 6,264,139 shares of the company’s stock worth $1,328,436,000 after purchasing an additional 120,153 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of iShares S&P 500 Value ETF by 22.5% during the fourth quarter. Cetera Investment Advisers now owns 3,409,979 shares of the company’s stock worth $723,154,000 after buying an additional 627,109 shares during the period. Finally, Stifel Financial Corp boosted its position in shares of iShares S&P 500 Value ETF by 7.6% during the fourth quarter. Stifel Financial Corp now owns 3,250,570 shares of the company’s stock worth $689,349,000 after buying an additional 230,880 shares during the period.

iShares S&P 500 Value ETF Trading Up 0.9%

Shares of NYSEARCA IVE opened at $231.36 on Friday. iShares S&P 500 Value ETF has a twelve month low of $193.90 and a twelve month high of $233.57. The stock has a fifty day simple moving average of $228.16 and a 200-day simple moving average of $221.32. The stock has a market capitalization of $48.92 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.