Element Wealth LLC Cuts Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Element Wealth LLC cut its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,179 shares of the company’s stock after selling 104 shares during the quarter. Element Wealth LLC’s holdings in iShares S&P 500 Value ETF were worth $379,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. International Assets Investment Management LLC lifted its position in iShares S&P 500 Value ETF by 17,397.0% during the 4th quarter. International Assets Investment Management LLC now owns 1,119,109 shares of the company’s stock valued at $194,602,000 after acquiring an additional 1,112,713 shares during the period. Charles Schwab Investment Management Inc. bought a new position in iShares S&P 500 Value ETF during the 3rd quarter valued at approximately $93,051,000. Calamos Wealth Management LLC raised its stake in iShares S&P 500 Value ETF by 778.4% during the fourth quarter. Calamos Wealth Management LLC now owns 472,801 shares of the company’s stock valued at $82,215,000 after buying an additional 418,976 shares during the last quarter. Comerica Bank bought a new stake in iShares S&P 500 Value ETF in the third quarter worth $62,554,000. Finally, Corient Private Wealth LLC boosted its holdings in iShares S&P 500 Value ETF by 1,513.6% in the third quarter. Corient Private Wealth LLC now owns 379,169 shares of the company’s stock worth $58,331,000 after acquiring an additional 355,670 shares in the last quarter.

iShares S&P 500 Value ETF Stock Up 0.7 %

Shares of NYSEARCA:IVE traded up $1.27 on Tuesday, hitting $180.98. 732,957 shares of the company traded hands, compared to its average volume of 980,526. The stock has a 50 day simple moving average of $181.02 and a 200-day simple moving average of $171.17. The company has a market cap of $32.48 billion, a PE ratio of 23.70 and a beta of 0.87. iShares S&P 500 Value ETF has a 52 week low of $147.23 and a 52 week high of $187.24.

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.