iShares S&P 500 Value ETF $IVE Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC lowered its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 8.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,349,230 shares of the company’s stock after selling 121,769 shares during the period. iShares S&P 500 Value ETF comprises 0.7% of Janney Montgomery Scott LLC’s holdings, making the stock its 20th biggest holding. Janney Montgomery Scott LLC owned about 0.61% of iShares S&P 500 Value ETF worth $284,890,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Cassaday & Co Wealth Management LLC grew its position in iShares S&P 500 Value ETF by 3,286.8% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 1,153,776 shares of the company’s stock worth $244,681,000 after buying an additional 1,119,709 shares during the last quarter. Morgan Stanley lifted its position in shares of iShares S&P 500 Value ETF by 7.5% during the 4th quarter. Morgan Stanley now owns 15,278,856 shares of the company’s stock valued at $3,240,188,000 after acquiring an additional 1,068,945 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of iShares S&P 500 Value ETF by 4.6% during the 4th quarter. JPMorgan Chase & Co. now owns 18,748,246 shares of the company’s stock valued at $3,975,941,000 after acquiring an additional 821,872 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its stake in shares of iShares S&P 500 Value ETF by 47.4% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 2,540,243 shares of the company’s stock worth $538,709,000 after acquiring an additional 816,767 shares in the last quarter. Finally, Park Avenue Securities LLC boosted its stake in shares of iShares S&P 500 Value ETF by 40.4% during the 4th quarter. Park Avenue Securities LLC now owns 2,467,550 shares of the company’s stock worth $523,293,000 after acquiring an additional 710,518 shares in the last quarter.

iShares S&P 500 Value ETF Stock Up 0.2%

Shares of NYSEARCA IVE opened at $226.52 on Friday. The stock’s fifty day simple moving average is $225.08 and its 200 day simple moving average is $218.91. The stock has a market capitalization of $50.02 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a 52-week low of $193.55 and a 52-week high of $230.05.

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.