Mesirow Financial Investment Management Inc. Sells 1,652 Shares of iShares S&P 500 Value ETF $IVE

Mesirow Financial Investment Management Inc. cut its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 96,768 shares of the company’s stock after selling 1,652 shares during the period. Mesirow Financial Investment Management Inc.’s holdings in iShares S&P 500 Value ETF were worth $18,910,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Brighton Jones LLC lifted its stake in shares of iShares S&P 500 Value ETF by 0.8% in the 4th quarter. Brighton Jones LLC now owns 14,034 shares of the company’s stock valued at $2,679,000 after acquiring an additional 112 shares during the last quarter. Golden State Wealth Management LLC lifted its stake in shares of iShares S&P 500 Value ETF by 18.9% in the 1st quarter. Golden State Wealth Management LLC now owns 2,370 shares of the company’s stock valued at $452,000 after acquiring an additional 377 shares during the last quarter. DAVENPORT & Co LLC lifted its stake in shares of iShares S&P 500 Value ETF by 57.0% in the 1st quarter. DAVENPORT & Co LLC now owns 5,940 shares of the company’s stock valued at $1,132,000 after acquiring an additional 2,157 shares during the last quarter. Rossby Financial LCC bought a new position in shares of iShares S&P 500 Value ETF in the 1st quarter valued at $121,000. Finally, Private Trust Co. NA lifted its stake in shares of iShares S&P 500 Value ETF by 22.0% in the 1st quarter. Private Trust Co. NA now owns 7,870 shares of the company’s stock valued at $1,500,000 after acquiring an additional 1,419 shares during the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE opened at $208.33 on Friday. iShares S&P 500 Value ETF has a 52 week low of $165.45 and a 52 week high of $211.83. The stock has a market capitalization of $42.27 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89. The stock has a fifty day moving average of $205.51 and a 200-day moving average of $196.63.

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.