Callan Family Office LLC Reduces Stake in iShares S&P 500 Value ETF $IVE

Callan Family Office LLC lessened its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.2% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 106,381 shares of the company’s stock after selling 5,817 shares during the quarter. iShares S&P 500 Value ETF comprises 0.7% of Callan Family Office LLC’s portfolio, making the stock its 21st largest holding. Callan Family Office LLC owned approximately 0.05% of iShares S&P 500 Value ETF worth $21,969,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Envestnet Asset Management Inc. increased its holdings in iShares S&P 500 Value ETF by 12.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 20,983,503 shares of the company’s stock worth $4,100,596,000 after acquiring an additional 2,339,857 shares during the period. JPMorgan Chase & Co. boosted its holdings in iShares S&P 500 Value ETF by 0.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 17,895,697 shares of the company’s stock valued at $3,497,177,000 after purchasing an additional 119,534 shares during the period. Ameriprise Financial Inc. grew its position in shares of iShares S&P 500 Value ETF by 19.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,031,014 shares of the company’s stock valued at $591,818,000 after purchasing an additional 484,782 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of iShares S&P 500 Value ETF by 4.7% in the second quarter. PNC Financial Services Group Inc. now owns 2,362,479 shares of the company’s stock worth $461,676,000 after purchasing an additional 105,403 shares during the period. Finally, Cetera Investment Advisers increased its holdings in shares of iShares S&P 500 Value ETF by 7.8% in the second quarter. Cetera Investment Advisers now owns 2,112,895 shares of the company’s stock worth $412,902,000 after purchasing an additional 152,851 shares during the period.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE stock opened at $219.04 on Tuesday. The company has a market capitalization of $49.55 billion, a PE ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a 52-week low of $165.45 and a 52-week high of $219.22. The business’s fifty day moving average is $214.16 and its 200 day moving average is $207.75.

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.