Segment Wealth Management LLC Has $201,000 Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Segment Wealth Management LLC decreased its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 11.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,054 shares of the company’s stock after selling 140 shares during the period. Segment Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $201,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Raymond James Financial Inc. bought a new stake in iShares S&P 500 Value ETF in the 4th quarter valued at approximately $311,273,000. Sofi Wealth LLC raised its holdings in shares of iShares S&P 500 Value ETF by 6,106.5% in the first quarter. Sofi Wealth LLC now owns 897,268 shares of the company’s stock valued at $171,001,000 after purchasing an additional 882,811 shares during the last quarter. Park Avenue Securities LLC lifted its position in shares of iShares S&P 500 Value ETF by 53.1% in the first quarter. Park Avenue Securities LLC now owns 1,450,465 shares of the company’s stock worth $276,430,000 after purchasing an additional 502,776 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of iShares S&P 500 Value ETF by 3.8% in the fourth quarter. Envestnet Asset Management Inc. now owns 13,435,769 shares of the company’s stock worth $2,564,620,000 after purchasing an additional 493,784 shares in the last quarter. Finally, GAMMA Investing LLC boosted its holdings in iShares S&P 500 Value ETF by 18,958.0% during the first quarter. GAMMA Investing LLC now owns 477,975 shares of the company’s stock worth $91,092,000 after purchasing an additional 475,467 shares during the last quarter.

iShares S&P 500 Value ETF Trading Up 0.2%

iShares S&P 500 Value ETF stock opened at $190.27 on Friday. iShares S&P 500 Value ETF has a 1-year low of $165.45 and a 1-year high of $206.63. The company has a fifty day simple moving average of $186.60 and a 200 day simple moving average of $190.27. The company has a market cap of $38.15 billion, a P/E ratio of 20.88 and a beta of 0.89.

About iShares S&P 500 Value ETF

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.