Beverly Hills Private Wealth LLC Trims Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Beverly Hills Private Wealth LLC decreased its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 13.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,209 shares of the company’s stock after selling 180 shares during the quarter. Beverly Hills Private Wealth LLC’s holdings in iShares S&P 500 Value ETF were worth $231,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Bank of America Corp DE grew its position in shares of iShares S&P 500 Value ETF by 2.5% during the 4th quarter. Bank of America Corp DE now owns 8,148,548 shares of the company’s stock worth $1,555,395,000 after buying an additional 200,707 shares in the last quarter. Benjamin Edwards Inc. lifted its stake in iShares S&P 500 Value ETF by 18.7% in the fourth quarter. Benjamin Edwards Inc. now owns 1,464 shares of the company’s stock worth $279,000 after acquiring an additional 231 shares during the period. BIP Wealth LLC grew its holdings in iShares S&P 500 Value ETF by 25.8% during the 4th quarter. BIP Wealth LLC now owns 2,556 shares of the company’s stock worth $488,000 after acquiring an additional 524 shares in the last quarter. BNP Paribas Financial Markets increased its position in iShares S&P 500 Value ETF by 46.0% during the 4th quarter. BNP Paribas Financial Markets now owns 192,440 shares of the company’s stock valued at $36,733,000 after purchasing an additional 60,591 shares during the period. Finally, Ameriprise Financial Inc. raised its holdings in shares of iShares S&P 500 Value ETF by 7.5% in the 4th quarter. Ameriprise Financial Inc. now owns 2,455,376 shares of the company’s stock valued at $468,171,000 after purchasing an additional 171,953 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE opened at $184.68 on Tuesday. The company has a market cap of $36.81 billion, a PE ratio of 21.18 and a beta of 0.89. The firm’s 50 day moving average price is $185.00 and its 200-day moving average price is $192.72. iShares S&P 500 Value ETF has a 52-week low of $165.45 and a 52-week high of $206.63.

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.